Dwarikesh Sugar sets target to sell 5.4 crore litres of ethanol in FY22

Dwarikesh Sugar has reported good earnings in the third quarter showing strong recovery in all the segments in terms of revenue, reports CNBC-TV18.

“We had good revenue in all segments. The sugar segment had witnessed a significant increase as we had more releases coming from the Government of India,” said Vijay Banka, MD of Dwarikesh Sugar while speaking to CNBC-TV18.

“We have sold about 1.11 crore litres of ethanol in the third quarter. In January we sold a decent amount of ethanol indicating that we should be able to sell 5.3 to 5.44 core litres of ethanol in the 2021-22 financial year,” he further added.

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