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Dalmia Bharat Sugar Q4 PAT slips 16% to Rs 52 cr

On a consolidated basis, Dalmia Bharat Sugar and Industries net profit fell 16.28% to Rs 51.86 crore on 11.26% decline in net sales to Rs 488.80 crore in Q4 March 2021 over Q4 March 2020. During the quarter, the profit was lower due to higher tax provision and revenue was impacted due to late announcement of export policy for the current sugar season. Majority of export contracts for Secretarial Standards (SS) 2021 will get executed during the next financial year. Profit before tax gained 7.89% to Rs 77.47 crore in Q4 FY21 as against Rs 71.80 crore in Q4 FY20. EBITDA jumped 24% to Rs 139 crore in Q4 March 2021 as against Rs 113 crore in Q4 March 2020.

Sharda Cropchem Ltd leads gainers in A group

General Insurance Corporation of India, Astra Microwave Products Ltd, IRB Infrastructure Developers Ltd and Dalmia Bharat Ltd are among the other gainers in the BSE s A group today, 17 March 2021. General Insurance Corporation of India, Astra Microwave Products Ltd, IRB Infrastructure Developers Ltd and Dalmia Bharat Ltd are among the other gainers in the BSE s A group today, 17 March 2021. Sharda Cropchem Ltd surged 13.95% to Rs 336.05 at 11:48 IST. The stock was the biggest gainer in the BSE s A group. On the BSE, 86874 shares were traded on the counter so far as against the average daily volumes of 17723 shares in the past one month.

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