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Davangere Sugar Company standalone net profit declines 63.78% in the December 2022 quarter

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Capital Market

Sales rise 89.98% to Rs 93.07 crore

Net profit of Davangere Sugar Company declined 63.78% to Rs 2.30 crore in the quarter ended December 2022 as against Rs 6.35 crore during the previous quarter ended December 2021. Sales rose 89.98% to Rs 93.07 crore in the quarter ended December 2022 as against Rs 48.99 crore during the previous quarter ended December 2021. ParticularsQuarter EndedDec. 2022Dec. 2021% Var.Sales93.0748.99 90 OPM %16.4228.82 -PBDT7.849.06 -13 PBT2.986.84 -56 NP2.306.35 -64

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First Published: Feb 14 2023 | 7:38 AM IST

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