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Brickwork upgrades Dwarikesh's rating to BWR BB-

Mumbai: Rating organisation Brickwork Ratings India Pvt.Ltd has upgraded Dwarikesh Sugar Industries Limited's rating to BWR BB-(pronounced BWR Double B minus) with stable outlook for fund based term loan of Rs 325 crs. Uploaded on: Oct. 08, 13

 All three Dwarikesh plants now registered with NLDC Sept. 07, 11
 Board approves demerger of Dwarikesh Dham unit Aug. 10, 10
 Dwarikesh registers handsome gains in net sales and profits Jan. 30, 10
 Focus on improving operating efficiency to continue Nov. 30, 09
 Dwarikesh clears cane price dues for all its units June 16, 08
 Giant steps in the direction of power generation Feb. 11, 08
 Clarifications in relation to Supreme Court interim Judgment on SAP for 2006-07 Jan. 22, 08
 Production begins at Dwarikesh Dham plant Dec. 18, 07
 DSIL announces 52% rise in sales in FY06; Maintains Dividend at 60% on expanded equity capital Nov. 27, 06
 Encouraging Q3FY06 results defying all adversities; Sales up 61%, Profits jump 33% Jul. 28, 06
 Ground breaking ceremony for 7500 TCD Greenfield project at Bareilly May 10, 06
 Q2 EBIDTA rises 11.63% to Rs.19.44 crores Apr. 29, 06
 Dwarikesh plans to expand cogeneration capacity to 50 MW Mar. 31, 06
 Dec. 2005 Quarter Results: Sales rise 22.05 % to Rs.40.37 Crore, Net Profit at Rs 7.63 Crore Jan. 16, 06
 Dwarikesh raises US $12 mn through GDRs Offer Dec. 22, 05
 New plant to commence operation in November 2005 Oct. 25, 05
 Dwarikesh announces Q3 results; net profit at 7.24 cr. Oct. 24, 05
 Net Profit at Rs 11.61 crore, Operating Margin leaps 750% Oct. 24, 05
 Dwarikesh clarifies on cane arrears issue Oct. 24, 05
 Dwarikesh Sugar on Growth Path Oct. 24, 05
 Rs 110 crore greenfield capacity expansion plan Oct. 24, 05
 Sales rise 25.80% to Rs 33.07 crore, Net Profit Rs 5.66 crore Oct. 24, 05


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