Dalmia Bharat Sugar consolidated net profit declines in June 2021 quarter

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New Delhi: Consolidated net profit of Dalmia Bharat Sugar and Industries Ltd for Q1 has declined marginally to Rs 124.34 crore. The net Q1 profit last year was Rs 125.86 crore.

The company’s total income lowered to Rs 823.45 crore during the first quarter of this financial year as against Rs 897.99 crore during the same period last year, said the company in its regulatory filing.

Dalmia Bharat Sugar and Industries is planning to double the ethanol manufacturing capacity from the existing eight crore litres to 15 crore litres per annum by January next year. The company will expand the capacity of its plants located in Jawaharpur, Nigohi and Kolhapur. One new distillery will be set up at Ramgarh as part of the expansion.

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