ICICI Direct: Balrampur Chini - Robust Cash Flow Generation; Significant Debt Reduction

Balrampur Chini’s revenue grew 50.5% in Q2 on the back of 41.7% and 96.2% growth in sugar and distillery segments, respectively.

ICICI Direct

06 Nov 2020, 07:34 PM IST

White sugar is displayed in a sack as it is sold in a grocery store in Mumbai, India. (Photographer: Shirish Shete/Bloomberg News)

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ICICI Direct: Balrampur Chini - Robust Cash Flow Generation; Significant Debt Reduction

Balrampur Chini’s revenue grew 50.5% in Q2 on the back of 41.7% and 96.2% growth in sugar and distillery segments, respectively.

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