Expect sugar production to end FY17 season at 20.3 mt: Dwarikesh Sugar

"We started off the season with an opening stock of 7.7 million tonne (mt) and we expect a production of 20.3 mt", Vijay Banka, CFO, Dwarikesh Sugar told CNBC-TV18.

After strong rally, expert sees sugar price halting due to stock

Sugar stocks are rallying on the back of low production output of the commodity. Vijay Banka of Dwarikesh Sugar Industries says that prices of the sweetener is reasonable and there is enough stock in the system.

Sugar prices to stay at Rs 3200-3300 a quintal: Dwarikesh Ind

Vijay Banka, whole-time director & CFO of Dwarikesh Sugar Industries expects sugar production to be at 25.5-26 million tonne in the current year.

SAP hike: Will present case to UP govt, says Dwarikesh

In an interview to CNBC-TV18, Vijay Banka, CFO, Dwarikesh Sugar, spoke about the increased state advised price (SAP) for sugarcane procurement to Rs 275-290 a quintal for 2012-13, by the Uttar Pradesh government and how it will affect the overall market price of the sugar.

Next quarter too not very sugary: Dwarikesh Sugar Ind

Vijay Banka, chief executive officer of Dwarikesh Sugar Industries tells CNBC-TV18 that sales for the company are not likely to improve in the next quarter, though the current one has seen a fall by nearly Rs 10 crore.

Govt should mull export hike of more 1 mt: Dwarikesh Sugar

Vijay Banka, CFO, Dwarikesh Sugar Industries in an interview with CNBC-TV18 said, "There is clearly space for another 1 million tonnes of exports because our stock position is very comfortable. We produced about 24.2 million tonne of sugar in 2011. So, clearly there is space for allowing more exports."

What does Dwarikesh Sugar anticipate from EGoM?

Speaking to CNBC-TV18 about his expectation from the EGoM, Vijay Banka, CFO of Dwarikesh Sugar Industries said," It is rumoured that the government is going to allow export of 500,000 tonnes of sugar. This will clearly offer some advantage to the sugar mills which are presently not in too good condition."