Hot Pursuit     11-Nov-21
Dhampur Sugar tumbles after weak Q2 outcome
Dhampur Sugar Mills fell 5.61% to Rs 309.40 after the company's consolidated net profit declined 6.78% to Rs 26.25 crore on 18.12% decrease in net sales to Rs 762.55 crore in Q2 September 2021 over Q2 September 2020.
On a consolidated basis, profit before tax fell 5.29% Rs 35.11 crore in Q2 September 2021 over Q2 September 2020.

During the quarter, raw material cost increased 74% YoY to Rs 61.48 crore.

The board approved expansion of distillery capacity by 150 KLPD (incl. 50 KLPD from Grain) at Dhampur unit in Uttar Pradesh from 250 KLPD to 400 KLPD.

The board also approved installation of country liquor plant at Asmoli unit in Uttar Pradesh.

The stock also witnessed profit selling after a recent steep surge. It rallied 10.91% in the past seven trading sessions to settle at Rs 327.80 on 10 November 2021, from its recent closing low of Rs 295.55 on 29 October 2021.

Dhampur Sugar Mills is engaged mainly in the manufacturing and selling of sugar, chemicals, ethanol and co-generation and sale of power.

Previous News
  Dhampur Sugar Mills consolidated net profit declines 67.49% in the March 2022 quarter
 ( Results - Announcements 30-May-22   09:50 )
  Dhampur Sugar Mills consolidated net profit declines 96.56% in the June 2024 quarter
 ( Results - Announcements 02-Aug-24   17:51 )
  Board of Dhampur Sugar Mills appoints CEO
 ( Corporate News - 30-May-22   09:13 )
  Dhampur Sugar Mills reports standalone net loss of Rs 36.08 crore in the March 2018 quarter
 ( Results - Announcements 10-May-18   16:55 )
  Dhampur Sugar Mills reports consolidated net loss of Rs 36.02 crore in the March 2018 quarter
 ( Results - Announcements 10-May-18   16:55 )
  Dhampur Sugar Mills fixes record date for dividend
 ( Market Beat - Reports 27-Jan-21   09:23 )
  Dhampur Sugar Mills to convene board meeting
 ( Corporate News - 27-Jan-21   10:21 )
  Dhampur Sugar Mills reports consolidated net loss of Rs 19.30 crore in the December 2014 quarter
 ( Results - Announcements 10-Feb-15   16:19 )
  Dhampur Sugar Mills reports standalone net loss of Rs 25.71 crore in the December 2014 quarter
 ( Results - Announcements 10-Feb-15   16:08 )
  Dhampur Sugar Mills to hold AGM
 ( Corporate News - 29-May-17   12:48 )
  Dhampur Sugar Mills to convene board meeting
 ( Corporate News - 01-Jan-24   12:23 )
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