Mumbai: Davangere Sugar Company Limited, a company expanding its product portfolio beyond Sugar into Sustainable Power and Ethanol Solutions, in its board meeting held on January18 th , 2025, has approved the unaudited Financial Results of the Company for the quarter
and nine months ended 31December 2024.
The total income for the December quarter rose to ₹7,358.37 lakhs from ₹3,977.63 lakhs (Q2FY25), driven primarily by a sharp increase in revenue from operations, which grew from ₹3,932.93 lakhs to ₹7,317.75 lakhs. Consequently, profit before tax surged from ₹178.91 lakhs (Q2FY25) to ₹746.04 lakhs (Q3FY25), reflecting robust operational performance. This indicates a strong quarter-on-quarter improvement in business performance.
For nine months ended 31 December 2024, revenuefromoperationsstood at Rs.
15928.09 PAT increased by 40% fromRs.768.48 Lakhsin9MFY24 toRs. 1076.14
Lakhsin9MFY25.
