India's Dhampur Bio Organics slips on reporting Q2 loss

Dhampur Sugar Mills

05/11/2024 04:42

** Shares of Dhampur Bio Organics  DHAO.NS  fall as much as
4.6% to 128 rupees before paring some losses to trade 1% lower
    ** Sugarcane processing co reports Q2 consol loss at 233.7
mln rupees ($2.8 mln) vs a year-ago profit of 600,000 rupees
    ** Rev from ops falls ~5%
    ** Stock down ~14% YTD; it fell 24.5% in 2023

($1 = 84.1180 Indian rupees)

 (Reporting by Dimpal Gulwani in Bengaluru)
 ((dimpal.gulwani@thomsonreuters.com))