India's Dhampur Sugar gains most in nearly 3 months after profit surges

Dhampur Sugar Mills

03/08/2026 06:41

** Shares of Dhampur Sugar Mills DAMS.NS rise 5.11% to 142.4 rupees, their sharpest rise since May 11
** Sugar producer's Q1 consol net profit surges more than seven-fold Y/Y; rev up 6.1%
** Co says higher sugar sales and realizations, along with improved margins in its maize-based ethanol and chemicals businesses, offset lower ethanol sales and power exports
** Over 546,000 shares traded, 2.8x the 30-day avg
** Stock up 15.5% YTD

($1 = 95.1400 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))