Dalmia Bharat Sugar and Industries slips on reporting net loss of Rs 12.56 crore in Q4

29 May 2018

Dalmia Bharat Sugar & Industries is currently trading at Rs. 64.85, down by 1.40 points or 2.11% from its previous closing of Rs. 66.25 on the BSE.

The scrip opened at Rs. 66.60 and has touched a high and low of Rs. 67.90 and Rs. 64.00 respectively. So far 13040 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 189.90 on 31-Oct-2017 and a 52 week low of Rs. 52.10 on 16-May-2018.

Last one week high and low of the scrip stood at Rs. 68.15 and Rs. 61.15 respectively. The current market cap of the company is Rs. 520.04 crore.

The promoters holding in the company stood at 74.91%, while Institutions and Non-Institutions held 2.92% and 22.17% respectively.

Dalmia Bharat Sugar and Industries has reported a net loss of Rs 12.56 crore for the quarter ended March 31, 2018 as compared to net profit of Rs 39.11 crore for the same quarter in the previous year. However, total income of the company increased by 8.45% at Rs 492.30 crore for quarter under review as compared to Rs 453.95 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a fall of 28.20% in its net profit at Rs 134.10 crore as compared to Rs 186.77 crore for the previous year. However, total income of company increased by 29.10% at Rs 2308.25 crore for year under review as compared to Rs 1787.95 crore for the year ended March 31, 2017.

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