Dalmia Bharat Sugar and Industries Ltd on Friday posted more than two-fold jump in its consolidated net profit to Rs 125.86 crore for the June quarter on robust revenue.
The company had posted a net profit of Rs 54.39 crore in the same quarter year ago, according to a regulatory filing.
Net income in the said quarter rose to Rs 897.99 crore as against Rs 594.31 crore in the year-ago period.
The revenue also includes Rs 131.57 crore sugar export subsidy accounted during the quarter for undertaking exports in 2019-20 season as per the government's maximum admissible export quantity (MAEQ), the filing said.
Expenses