InvestorQ : Can you tell me about the quarterly numbers performance of Dalmia Sugars?
prachi Patwardhan made post

Can you tell me about the quarterly numbers performance of Dalmia Sugars?

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Mary Joseph answered.
3 weeks ago
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Dalmia Bharat Sugar and Industries reported 11% growth in net profit at Rs.55.6 crore for the Sep-20 quarter. The company reported a sharp 50% spike in the total income for the Sep-20 quarter to Rs.731 crore. Dalmia Sugars has also announced an expansion to the tune of Rs.412 crore. This expansion is for a brown-field expansion and strategic diversion of sugar into ethanol.

It may be recollected that, of late, the government has placed a lot of emphasis on ethanol blending programs and therefore the company plans to increase its distillery capacity to meet the increasing ethanol demand, which is a by product that is mixed with petrol fuels to make them more economical and less damaging to the ecology.

Dalmia will increase its overall cane crushing capacity to 5000 TCD or tonnes crushed per day. Similarly, the distillery production will be increased to 15 crore litres. Dalmia Sugars currently has sugarcane crushing capacity of 34,000 TCD and distillery capacity of 240 kilo litres per day. This is spread across its five units of which 3 are in UP and 2 in Maharashtra.

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