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The company said that consequentially, there could be a material impact. It is taking all possible steps to restore normalcy
Dalmia Bharat Sugar and Industries is an integrated leading sugar manufacturer, engaged in manufacturing sugar and downstream products like ethanol, other distillery products and power.
The company’s standalone net profit stood at Rs 55 crore in Q2 FY24, steeply higher as compared with Rs 12 crore posted in Q2 FY23. Revenue from operations jumped 26.43% to Rs 731.85 crore in Q2 FY24 as compared with Rs 578.86 crore in Q2 FY23.
The scrip declined 1.16% to settle at Rs 436.40 on Friday, 17 November 2023.
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