Consolidated net profit came in at 649.2 million rupees ($7.83 million) for the quarter ended Dec. 31, compared with 649.1 million rupees a year earlier.

The company, which counts Britannia, Dabur and United Breweries among its clients, said its revenue from operations slipped 2.7% to 5.84 billion rupees.

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India, the world's second-largest sugar producer, witnessed sugar output and supply disruptions in November and December last year due to unseasonal rainfall in key cane-growing states of Maharashtra and Karnataka.

This hit sales of refined sugar makers, including Dalmia Bharat Sugar and its peers Dwarikesh Sugar and Dhampur Sugar Mills.


Valuation (next 12 months) Estimates (next 12 months) Analysts' sentiment

RIC PE EV/EBITDA Price/ Revenue Profit growth Mean No. of Stock to Div

Sales growth rating* analyst price yield

s target** (%)

Dalmia Bharat Sugar and 9.26 4.70 NULL 12.48 NULL Buy 1 0.74 1.00


Balrampur Chini Mills 13.53 8.72 3.59 11.92 6.32 Buy 4 0.80 1.09

Dwarikesh Sugar Industries 12.87 5.54 NULL -0.13 -0.59 Buy 3 0.79 2.37

Dhampur Sugar Mills 8.18 NaN 3.60 NULL NULL Null 0 0.76 1.92

* Mean of analysts' ratings standardised to a scale of Strong Buy, Buy, Hold, Sell, and Strong Sell

** Ratio of the stock's last close to analysts' mean price target; a ratio above 1 means the stock is trading above the PT


-- All data from LSEG

-- $1 = 82.88 rupees

(Reporting by Manvi Pant and Hritam Mukherjee in Bengaluru; Editing by Sohini Goswami)