Dhampur Sugar Q1 net profit at Rs 11.14 cr

Dhampur Sugar has declared its first quarter results. Its sales went up by 127.9% at Rs 275.38 crore versus Rs 120.81 crore. Its operating profit margin (OPM) was up by 368 bps at 16.95% versus 13.27%. Its net profit was at Rs 11.14 crore versus net loss of Rs 23.53 crore. Its earning per share (EPS) of Rs 2.1 in Q1.

Segments 

- Sugar Revenues up 157% at Rs 268.7cr Vs Rs 104.5cr ;

  EBIT Margins at 12.6% Vs Loss of Rs 12 lakhs.  

- Cogen Revenues down 11.4% at Rs 14.9cr Vs Rs 16.8cr

  EBIT Margins at 5.3% Vs Loss of Rs 99cr. 

- Ethanol Revenues down 68% at Rs 10.46cr Vs Rs 32.69cr.

  EBIT Margins at 16.7% Vs 8.3%. 

9 Months results

Sales at Rs 680.5cr Vs Rs 473.97cr.

PAT at Rs 42.33cr Vs Loss of Rs 3.98cr .

EPS at Rs 7.98.

Company has four sugar units at Dhampur, Asmoli, Mansurpur, and Rajpura.

Products include sugar, power; ethanol, which includes industrial alcohol and extra neutral alcohol (ENA).

Has a capacity of 39,500 tons per day (TCD).

India may extend tax-free raw sugar imports beyond July 31.

Particulars	Jun-09	Mar-09	Dec-08	Sep-08
Net Sales / Interest Earned / Operating Income	275.385	110.756	269.415	247.844
Other Income	0.177	0.161	0.532	0.212
Total Income	275.562	110.917	269.947	248.056
Expenditure	-228.713	-48.613	-218.304	-216.404
Interest	-22.974	-21.368	-18.962	-21.825
Profit Before Depreciation and Tax	23.875	40.936	32.681	9.827
Depreciation	-11.172	-23.269	-17.565	-12.577
Profit before Tax	12.702	17.667	15.116	-2.75
Tax	-1.56	-0.142	-1.448	10.343
Net Profit	11.142	17.525	13.668	7.593
Equity Capital	52.706	52.706	52.706	52.706