India's Dwarikesh Sugar sours on posting Q1 loss

DWARIKESH SUGAR INDUSTRIES

31/07/2024 09:40

** Shares of Dwarikesh Sugar Industries  DWAR.NS  fall 2%
    ** Stock set to snap a 3-day winning run
    ** Food processor posts Q1 net loss of 97.3 mln rupees ($1.2
mln) vs yr-ago profit of 406.2 mln rupees
    ** Co hurt by a 40% fall in rev from ops 
    ** Stock down 13% so far in July
 
 ($1 = 83.7080 Indian rupees)

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))