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ICICI Direct Report
Dhampur Sugar Mills Ltd. posted healthy Q2 FY21 numbers with 34.3% growth in revenue led by 48.7% growth in sugar segment sales and 43.6% growth in distillery segment sales.
The company did not sell any power in off-season.
Strong sugar segment sales were led by higher domestic sale quota whereas distillery sales was supported by 22.8% volume increase and 24% rise in ethanol realisation.
The company ramped up new distillery capacity utilisation with increase in availability of molasses.
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