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Dwarikesh Sugar Industries Ltd Q2FY24; 25% rise in Profits

Dwarikesh Sugar Industries Ltd is primarily engaged in manufacturing of sugar and allied products. It has strong presence in fields such as sugar manufacturing, power and ethanol/ industrial alcohol production. It is also a bio-energy company with supporting
businesses of sugar manufacture and power co-generation.

Financial Results:

Dwarikesh Sugar Industries Ltd reported Revenues for Q2FY24 of ₹446.00 Crores down from ₹540.00 Crore year on year, a fall of 17.41%.

Total Expenses for Q2FY24 of ₹434.00 Crores down from ₹531.00 Crores year on year, a fall of 18.27%.

Consolidated Net Profit of ₹10.00 Crores up 25.0% from ₹8.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.54, up 28.57% from ₹0.42 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Sugar
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