Dalmia Bharat Sugar Q4 Review - Ethanol Sales, Sugar Export To Minimise Inventories: 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.Dalmia Bharat Sugar and Industries Ltd.'s consolidated revenue witnessed growth of 75.1% to Rs 856 crore on account of 111.2% growth in sugar sales, 125% jump in distillery sales and 28.9% growth in power revenues.Dalmia Bharat Sugar witnessed 56% growth in sugar volumes to 1.5 lakh tonnes. Its domestic sugar sales quota was 31.3% at 1.09 lakh tonnes. It has exported 0.41 lakh tonnes during the quarter (our estimate). Moreover, prevailing domestic sugar prices are higher by 6-8% in last one year.Distillery volumes more than doubled to 4.1 crore litre after the company expanded its capacity to 600 thousands litre per day. Power volumes were up 3% to 11.8 crore units.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.

Dalmia Bharat Sugar Q4 Review - Ethanol Sales, Sugar Export To Minimise Inventories: ICICI Direct

Dalmia Bharat Sugar Q4 Review - Ethanol Sales, Sugar Export To Minimise Inventories: ICICI Direct

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