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Press Release

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Press Release

Dalmia Bharat Sugar and Industries Limited today announced its unaudited consolidated results for the quarter ended 30th Sept, 2020.

09/11/2020

Salient features are as under:

Salient features are as under:

Financial & Operational Highlights for the Half Year:-

We are glad to share that the company recorded highest ever revenue, EBIDTA, PBT and PAT for the half year as well as the 2nd quarter on the back of 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 on 30 th Sept 20 stood at 10.7 M Mt as against 14.5 M Mt as on 30 th 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 for revision in MSP, continuation of
Buffer stock and export subsidy etc. This will go a long way in helping the industry, farmers and also entire eco system.

For Dalmia Bharat Sugar and Industries Limited
Dalmia Bharat Sugar & 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

Media Contact

Dalmia Bharat Group
Akshay Brave
brave.akshay@dalmiacement.com

Adfactors PR
Jatin Khattar/ Parashmoni Deori
Jatin.khattar@adfactorspr.com, Parashmoni.deori@adfactorspr.com
M: +919810751243/ +919560284276