During the last fiscal, Dhampur Sugar Mills had reported a net profit of Rs 228.96 crore over a total income of Rs 4,248.96 crore
According to CRISIL, sugar mills are expected to see both revenue and profitability improve in the 2022 season (SS 2022; October 2021 to September 2022).
Tight global demand-supply situation, favourable government policies and continuous push for higher blending will keep the inventory levels under control and sugar prices firm
The Supreme Court has stayed National Green Tribunal order's imposing Rs 20 crore penalty on four units of Dhampur Sugar Mills Ltd in Uttar Pradesh for continuous violation of environmental laws. A bench of Justices Indira Banerjee and J K Maheshwari issued notices to the Central Pollution Control Board (CPCB), Central Ground Water Authority (CGWA), UP Pollution Control Board (UPPCB) and others on an appeal filed by Dhampur Sugar Mills. "Issue notice, returnable in six weeks. In the meanwhile there will be a stay of the order to the extent of payment of compensation of Rs 5 crore which has been imposed against each unit and the costs of Rs 10 lakh to be paid by Respondent Nos. 1 to 3 (Dhampur Sugar Mills Ltd)," the bench said. The top court, in its October 8 order, also said no further steps shall be taken by the committee, formed by the NGT for assess damage, for a period of six weeks. The sugar manufacturing company had moved the apex court against the NGT order. The tribunal, a
The government reduced the export subsidy from Rs 5.85 / kg to Rs 4.0 / kg on any sugar contracted for export on or after May 20, 2021
According to Crisil, sugar offtake in the current sugar season is expected to remain more or less at last season levels despite the Covid-19 pandemic
Dhampur Sugar, Balrampur Chini, Dalmia Bharat Sugar, Uttam Sugar, Triveni Engineering & Industries, Dwarikesh Sugar and Thiru Arooran were up 3% to 10% on the BSE.