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Davangere Sugar Company LimitedBoard Meeting, 14-05-2025: Outcome of Board Meeting

14-05-2025 | 11:24 pm

Davangere Sugar Company has announced a board meeting approving the financial results for the quarter and half-year. Net profit slipped slightly to ₹1,093.7 lakh from ₹1,223.7 lakh last year, while revenue held steady at ₹21,498.5 lakh. Distillery operations drove the gains, offsetting headwinds in sugar and co-generation segments. The board also accepted the resignation of Company Secretary Mrs. Nidhi Hitesh Vaswani, effective May 20, 2025. The audit report came through clean with no qualifications.

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