Results     31-May-23
Announcements
Davangere Sugar Company standalone net profit rises 190.51% in the March 2023 quarter
Sales rise 85.93% to Rs 88.13 crore
Net profit of Davangere Sugar Company rose 190.51% to Rs 8.57 crore in the quarter ended March 2023 as against Rs 2.95 crore during the previous quarter ended March 2022. Sales rose 85.93% to Rs 88.13 crore in the quarter ended March 2023 as against Rs 47.40 crore during the previous quarter ended March 2022.

For the full year,net profit rose 132.75% to Rs 13.22 crore in the year ended March 2023 as against Rs 5.68 crore during the previous year ended March 2022. Sales rose 125.34% to Rs 279.94 crore in the year ended March 2023 as against Rs 124.23 crore during the previous year ended March 2022.

ParticularsQuarter EndedYear Ended
 Mar. 2023Mar. 2022% Var.Mar. 2023Mar. 2022% Var.
Sales88.1347.40 86 279.94124.23 125
OPM %20.9527.66 -19.9127.69 -
PBDT13.746.15 123 29.2515.54 88
PBT11.473.93 192 17.696.66 166
NP8.572.95 191 13.225.68 133

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