0.1% Recovery = ₹X Crore — The Math

0.1% Recovery = ₹X Crore — The Math

Recovery is discussed in percentages.

Margin is realized in crores.Let’s translate.

Assume:• Cane crushed: 12,00,000 tonnes

• Average recovery: 10%

• Sugar realization:

₹35,000 per tonne

Now examine structural variance:

0.05% improvement= 600 tonnes additional sugar= ₹2.1 crore seasonal impact

0.1% improvement= 1,200 tonnes= ₹4.2 crore

0.2% improvement= 2,400 tonnes= ₹8.4 crore

This is not theory.It is arithmetic.

The question is not whether recovery fluctuates.

The question is whether fluctuation is structurally understood.

Percentages hide.

Numbers clarify.