Balrampur Chini Q4 Review - New Sugarcane Varieties To Aid Recovery In Production: ICICI Direct

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..ICICI Direct Report.Balrampur Chini Mills Ltd. reported soft results with a flat operating profit number. Consolidated revenue witnessed growth of 25.5% to Rs 1279.6 crore led by 21.7% growth in sugar segment sales and 45% growth in distillery sales. Sugar volume growth was 26.1% to 2.5 lakh tonnes led by 0.35 lakh tonnes of exports and 2.1 lakh tonnes (9.3% higher) of domestic sales. Blended sugar realisation was up 7.8% to Rs 34.5 kilogram. Balrampur Chini is holding 5.2 lakh tonnes of sugar valued at Rs 34.22 / kg against 6.4 lakh tonnes valued at Rs 31.3 / kg. Planting area in the company’s catchment area has increased 10-15%. Balrampur Chini is aggressively changing its sugarcane varieties by introducing newer varieties like ‘0118’ to reduce dependence on Co-0238. .Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Balrampur Chini Q4 Review - New Sugarcane Varieties To Aid Recovery In Production: ICICI Direct

Balrampur Chini Q4 Review - New Sugarcane Varieties To Aid Recovery In Production: ICICI Direct

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