Dalmia Bharat Sugar and Industries Ltd on Monday reported a 16 percent fall in its consolidated net profit at Rs 51.86 crore for the fourth quarter of the last fiscal year on lower-income. Its net profit stood af Rs 61.95 crore in the year-ago period.

Total income fell to Rs 501.03 crore in the January-March quarter of FY’21 from Rs 566.85 crore in the corresponding period of the previous year, the company said in a regulatory filing. For the full financial year 2020-21, net profit rose to Rs 270.34 crore from Rs 193.19 crore in the previous year.

Total income also grew to Rs 2739.69 crore last fiscal from Rs 2,167.26 crore in 2019-20. The company has sugar mills in Uttar Pradesh and Maharashtra.

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