Dwarikesh Sugar Industries Limited announced audited standalone earnings results for the second quarter and six months ended March 31, 2013. For the quarter, the company reported net sales/income from operations of INR 2,454.117 million against INR 1,899.935 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 138.884 million against INR 395.790 million a year ago. Loss from ordinary activities before tax was INR 24.182 million against profit from ordinary activities before tax of INR 214.637 million a year ago. Net loss from ordinary activities after tax was INR 21.893 million or INR 1.72 per basic and diluted share before and after extraordinary items against net profit from ordinary activities after tax of INR 267.153 million or INR 16.14 per basic and diluted share before and after extraordinary items a year ago. For the six months period, the company reported net sales/income from operations of INR 4,822.702 million against INR 3,254.517 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 274.005 million against INR 209.028 million a year ago. Profit from ordinary activities before tax was INR 43.017 million against loss from ordinary activities before tax of INR 118.347 million a year ago. Net profit from ordinary activities after tax was INR 45.306 million or INR 2.02 per basic and diluted share before and after extraordinary items against net loss from ordinary activities after tax of INR 65.831 million or INR 4.51 per basic and diluted share before and after extraordinary items a year ago.

Dwarikesh Sugar Industries Limited, Board Meeting, May 14, 2013. Agenda: To approve and take on record audited financial results for quarter & half year ending March 31, 2013.

Dwarikesh Sugar Industries Limited announced that they will report Q2, 2013 results on May 14, 2013