Net profit of Davangere Sugar Company declined 46.91% to Rs 4.55 crore in the quarter ended March 2024 as against Rs 8.57 crore during the previous quarter ended March 2023. Sales declined 27.87% to Rs 63.57 crore in the quarter ended March 2024 as against Rs 88.13 crore during the previous quarter ended March 2023.
For the full year,net profit declined 7.41% to Rs 12.24 crore in the year ended March 2024 as against Rs 13.22 crore during the previous year ended March 2023. Sales declined 22.65% to Rs 216.53 crore in the year ended March 2024 as against Rs 279.94 crore during the previous year ended March 2023.
| Particulars | Quarter Ended | Year Ended |
| | Mar. 2024 | Mar. 2023 | % Var. | Mar. 2024 | Mar. 2023 | % Var. |
| Sales | 63.57 | 88.13 | -28 | 216.53 | 279.94 | -23 |
| OPM % | 16.77 | 20.95 | - | 20.93 | 19.91 | - |
| PBDT | 7.87 | 13.74 | -43 | 26.41 | 29.25 | -10 |
| PBT | 4.59 | 11.47 | -60 | 14.45 | 17.69 | -18 |
| NP | 4.55 | 8.57 | -47 | 12.24 | 13.22 | -7 |
