DWARIKESH IN NEWS

 

Dwarikesh Sugar turns profitable with Q1 net at Rs 6.7cr

Mumbai: Uttar Pradesh-based Dwarikesh Sugar Industries turned profitable with first quarter net at Rs 6.7 crore as against loss of Rs 33.3 crore in a year ago period, sending shares 17.5 percent higher intraday on Thursday.

Net sales jumped nearly 75 percent to Rs 236.8 crore from Rs 135.4 crore during the same period.

Shares bounced back quite sharply after strong set of results, rising nearly 28 percent from 52-week low of Rs 28.85 today. Uploaded on: Feb. 15, 13

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