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DSCL targets 44% rise in sugar output this season

29 Nov 2011 Evaluate

DCM Shriram Consolidated Ltd (DSCL) expects its sugar output to go up by about 44 per cent to around 3.9 lakh tonnes in the current 2011-12 season (October-September) on the back of higher cane crushing as well as better recovery. The company is targeting a higher recovery of 9.8 per cent for the current season with favourable weather conditions aiding the crop. The higher cane crushing is on account of better yields due to the change in varietal mix on the field and also an in the company's cane area which has gone up by about 10 per cent this year

DSCL, a diversified industrial group with interests in fertilisers, bio-seed and chlorovinyl business, is one of the large domestic sugar producers. It has four sugar mills in Uttar Pradesh with a total crushing capacity of 33,000 tonnes crushed per day. The sugar business accounted for 14 per cent of the company's revenue in fiscal 2011.

DCM Shriram Share Price

1198.95 -26.90 (-2.19%)
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Company Name CMP
Grasim Industries 2757.45
DCM Shriram 1198.95
3M India 31427.05
Hindustan Foods 494.80
Balmer Lawrie & Co 177.15
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