Mumbai, 8th Februaty 2021 (GNI): Dalmia Bharat Sugar and Industries Limited today announced its unaudited consolidated results for the quarter ended 31st Dec, 2020. Salient features are as under:-
| Particulars | UOM | Q3’21 | Q3’20 | Change % | 9M’21 | 9M’20 | Change % |
| Total Income | Rs.Cr | 620 | 520 | 19% | 2,249 | 1,600 | 40% |
| Total Operating Cost | Rs.Cr | 550 | 450 | 22% | 1,863 | 1,320 | 41% |
| EBITDA | Rs.Cr | 69 | 70 | -1% | 386 | 280 | 38% |
| PBT | Rs.Cr | 44 | 39 | 14% | 291 | 176 | 65% |
| PAT | Rs.Cr | 37 | 27 | 39% | 219 | 131 | 67% |
| Sales Volume | |||||||
| Sugar | KMT | 138 | 117 | 17% | 522 | 358 | 46% |
| Distillery | Cr Litres | 2.1 | 1.6 | 33% | 6.5 | 4.5 | 46% |
| Cogen | Cr Units | 9.7 | 10.1 | -3% | 18.8 | 21.7 | -14% |
Key Highlights:-We are glad to share that the company recorded highest ever TOTAL INCOME, EBIDTA, PBT and PAT for the 9 Months period on the back of highest ever sugar and distillery sales volumes.
Other Updates:-v Started crushing operations in the first week of November for Sugar Season 2020-21 in all the units.
v Ion exchange unit for refined sugar successfully commissioned in Nov’20 at Nigohi and is operational at full capacity.
v Nigohi distillery expansion project is likely to be completed by end of this month.
v All other projects related to sugar expansion at Nigohi & Jawaharpur, distillery expansion at JWP and greenfield distillery at Ramgarh are on schedule. All environmental clearances have been obtained.
Outlook of Sugar Industry: There is a marked improvement in the fundamentals with SS’20 inventory lower at 10.7 M Mt as against 14.5 M Mt for SS’19 mainly due to exports. Inventory to further go down in ensuing season mainly on account of higher diversion of sugar to ethanol.
With greater thrust on diversion of sugar to ethanol in the future, the surplus inventory overhang should come down considerably in next couple of years, stated in the press release.
FAnout Dalmia Bharat Sugar and Industries Limited (DBSIL) (BSE Code: DALMIASUG/500097 |NSE Symbol: DALMIASUG), has business interests in integrated sugar (including cogen and distillery), windfarms, magnesite and miscellaneous businesses. The company has three sugar factories located in Uttar Pradesh (Ramgarh, Jawaharpur and Nigohi) and in Maharashtra (Kolhapur and Sangli). The company has aggregate sugarcane crushing capacity of 34000 TCD, distillery and co-generation operation of 240 KLPD and 119 MW respectively. For more information, visit us at www.dalmiasugar.com
Be the first to comment on "Dalmia Bharat Sugar and Industries Limited today announced its unaudited consolidated results for the quarter ended 31st Dec, 2020"