BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Direct Report
Balrampur Chini Mills Ltd. reported 37.7% growth in operating profit in Q4 FY21 on account of higher distillery volumes and realisation.
The absence of sugar exports resulted in 41.4% revenue decline with similar fall in sugar segment sales.
The company sold 1.9 lakh tonne of sugar versus 4.5 lakh tonne in corresponding quarter whereas sugar realisation was flat at Rs 32.1/ kilogram.
In 2020-21 sugar season, the company saw 22% dip in sugar production mainly on account lower sugarcane yield in its catchment area due to red rot disease.
Distillery segment sales increased 18.1% with 11.5% increase in volumes, 4.7% higher realisation.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
