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Dwarikesh Sugar Industries - Q1 FY21 Results update

Dwarikesh Sugar Industries - Q1 update Full read: Dwarikesh Sugar Industries Q1FY21.pdf (3.15

Dwarikesh Sugar Industries - Q1 update

 

EBIDTA (Q1 FY21 vs FY20) 50.63 Cr vs 37.88 Cr

  • Sugar sold during Q1FY21 is 12.56 lakhs quintals including export of 6.06 lakh quintals as compared to 12.07 lakh quintals including 3.66 lakh quintals of sugar exported during corresponding quarter last year.
  • During SS 2019-20, the company has up to June, 2020 exported 12.02 lakh quintals sugar and completed entire quota allotted till June, 2020 under MAEQ Scheme. In July company has received additional quota of 1.99 lakh quintal which is under execution and will be completed in due course
  • Sugar stock as on 30 th June 2020 was 28.99 lakh quintals as compared to stock of 22.37 lakh quintal as on 30th June 2019.
  • On 30 th June, 2020, the Company had outstanding long term loan of Rs. 224.46 crore including SEFASU 2018 (funded by the State Government of Uttar Pradesh to clear sugar cane dues of SS 2017-18) loan of Rs. 107.58 crore. Balance amount of Rs. 116.88 crore is the loan availed for the distillery project. All the outstanding long term loans are at concessional rate of interest.

Full read: Dwarikesh Sugar Industries Q1FY21.pdf (3.15 mb)

 

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