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.
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