Moneycontrol
May 19, 2017 03:41 PM IST | Source: CNBC-TV18

See domestic production around 20m tonne; prices to be buoyant: Dwarikesh Sugar

Vijay Banka, Wholetime Director & CFO, Dwarikesh Sugar in an interview to CNBC-TV18 shared his outlook for the company going forward.

Dwarikesh Sugar Industries reported net profit of Rs 46.82 crore in the fourth quarter ended March 31, down from Rs 52.82 crore posted in the same period of the last fiscal.

Net operating income stood at Rs 440.84 crore in Q4FY17, a growth of 91 percent in comparison to Rs 235.50 crore a year ago. On annual basis, the company reported Rs 1,190.40 crore net operating income in FY17 compared to Rs 794.34 crore in FY16, up 50 per cent.

Vijay Banka, Wholetime Director & CFO, Dwarikesh Sugar in an interview to CNBC-TV18 shared his outlook for the company going forward.
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