Davangere Sugar Company Limited — Board Meeting, 18-01-2025: Outcome of Board Meeting

In the recent board meeting, the Davangere Sugar Company approved its un-audited financial results for the quarter and nine months ended December 31, 2024. The total income for the December quarter surged to ₹73.58 crore, compared to ₹39.77 crore in September, driven by a substantial increase in revenue from operations, which more than doubled to ₹73.18 crore. Total expenses increased to ₹66.12 crore, leading to a profit before tax of ₹7.46 crore, a sharp rise from ₹1.79 crore in the preceding quarter, reflecting notable operational growth.