Saturday, 20 June 2020

Dalmia Bharat Sugar and Industries Limited today announced its

Dalmia Bharat Sugar and Industries Limited today announced its audited consolidated results
for the quarter and year ended 31st March, 2020

Salient features are as under:   
            
Particulars
UOM
Q4'20
Q4'19
FY'20
FY'19
Total Income 
Rs.Crore
                 567
            586
       2,167
       2,093
Total Operating Cost
Rs.Crore
                 454
            472
       1,774
       1,753
EBITDA
Rs.Crore
                 113
114
393
340
PBT
Rs.Crore
                   72
               45
           247
           192
PAT
Rs.Crore
                   62
43
193
175
 EBIDTA Margin
19.92 
 19.45
 18.13
 16.24
Sales Volume





Sugar
 '000 Tonne
                127
            143
          485
          531
Distillery
 '000 KL
                   19
              18
             64
             50
Cogen
Cr Units
                   12
              12
             33
             38










Key Highlights for the year:-
      Completed 25 years of sugar business.
      Completed Sugar expansion to 6600 TCD and commissioned Incineration boiler at our Jawaharpur Unit in U.P.
      Achieved a higher crush level of 48.5 LMT in the Sugar Season 19-20 vis-à-vis 46.06 LMT in the last season.
      Achieved highest ever crush of 12.13 LMT in Maharashtra Units, inspite of reduction in crush of over 40% in the State.
      Achieved highest ever distillery production at 68K KL as against 45K KL last year.

Outlook of Sugar Industry:-
All India Sugar Production in the current season 19-20 is estimated at 27 MMT as compared to 33 MMT in the last season, due to decline in production in Maharashtra and Karnataka.  However, due to demand destruction of over 1 MMT due to Covid-19, sugar inventory levels are estimated to be fairly high.
With a view to help out the industry, the Government had taken various proactive measures like creation of buffer stock, export subsidy under the MAEQ scheme, fixation of MSP for sugar, extending soft loans to the industry and promoting sugar diversion to ethanol through B Heavy route etc. as per the need of the industry and the farmers. Industry is expecting Government to extend all these schemes for forthcoming sugar season 20-21 also along with increase in MSP which should help the industry to overcome the inventory overhang.

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