Moneycontrol
Aug 11, 2017 08:10 PM IST | Source: PTI

Dwarikesh Sugar Q1 net jump 88% to Rs 59.3 cr

Dwarikesh Sugar Industries today reported 88 percent jump in net profit to Rs 59.3 crore in the quarter ended June 2017 from Rs 31.5 crore in the same quarter last year.

 
 
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Dwarikesh Sugar Industries today reported 88 percent jump in net profit to Rs 59.3 crore in the quarter ended June 2017 from Rs 31.5 crore in the same quarter last year.

Total revenue grew by 70 percent to Rs 522 crore in Q1 FY18 from Rs 306.1 crore in Q1 FY17.

"Sugar sales during the quarter were brisk and contributed to a healthy top-line as well as bottom-line. With adequate monsoons and farmers' preference to enthusiastically grow early variety of sugarcane, we expect a good 2017-18 sugar season going forward," said Dwarikesh Sugar whole-time director Vijay S Banka.

 
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