Dalmia Bharat Sugar and Industries Limited announced its unaudited consolidated results
Dalmia Bharat Sugar and Industries Limited yesterday has announced its unaudited consolidated results for the quarter ended 30th Sept, 2020.
The Salient features are as under:
| Particulars | UOM | Q2’21 | Q2’20 | Change | H1’20 | H1’19 | Change |
| Total Income | Rs.Crore | 731 | 486 | 50% | 1,629 | 1,080 | 51% |
| Total Operating Cost | Rs.Crore | 628 | 382 | 64% | 1,313 | 870 | 51% |
| EBITDA | Rs.Crore | 103 | 104 | -1% | 316 | 210 | 51% |
| PBT | Rs.Crore | 73 | 68 | 7% | 247 | 137 | 80% |
| PAT | Rs.Crore | 56 | 50 | 11% | 181 | 105 | 74% |
| Sales Volume | |||||||
| Sugar | ‘000 Tonne | 181 | 105 | 72% | 384 | 240 | 60% |
| Distillery | ‘000 KL | 21 | 9 | 131% | 44 | 29 | 53% |
| Cogen | Cr Units | 0 | 2 | -80% | 9 | 12 | -22% |
Financial & Operational Highlights for the Half Year:-
We are glad to share that the company recorded the highest ever revenue, EBIDTA, PBT, and PAT for the half-year as well as the 2nd quarter on the back of the highest ever sugar and distillery sales volumes.
Other Updates:-
- Started crushing operations in the first week of November for Sugar Season 2020-21 in all the units.
- Board of directors approved Capex plan of Rs. 412 Crores for brownfield expansion and strategic diversion of sugar into ethanol.
Outlook of Sugar Industry:-
India Sugar inventory as of 30th Sept 20 stood at 10.7 M Mt as against 14.5 M Mt as on 30th Sept 19 due to lower production and higher exports during the season. However, for the upcoming year, sugar inventory is expected to increase marginally.
The Central Government has chalked out a clear strategy to manage the sugar surpluses by diverting a higher portion of sugar to ethanol. The industry has also requested revision in MSP, a continuation of Buffer stock and export subsidy, etc. This will go a long way in helping the industry, farmers, and also the entire ecosystem.
