Davangere Sugar Company reported a 27.69% decline in standalone net profit to ₹0.94 crore in the quarter ended June 2026, compared to ₹1.30 crore in the corresponding quarter of the previous year. According to reports from Business Standard, this profit decline occurred despite the company achieving significant revenue growth during the same period.
The company's sales revenue increased by 44.25% to ₹34.72 crore in Q1 FY2026, as compared to ₹24.07 crore recorded in the corresponding quarter of the previous financial year. As reported by Business Standard, this substantial revenue growth indicates strong operational performance despite the profit decline.
The company's operating profit margin (OPM) declined to 32.17% in the June 2026 quarter, down from 47.32% in the same quarter of the previous year. According to the financial data reported by Business Standard, PBDT (Profit Before Depreciation and Tax) decreased by 9% to ₹4.47 crore from ₹4.90 crore year-on-year. PBT (Profit Before Tax) also declined by 25% to ₹1.29 crore from ₹1.72 crore in the corresponding quarter of FY2025.
Despite the challenging quarterly results, Davangere Sugar Company maintains a strong market presence with a market capitalization of ₹4.304 billion and trades in the range of ₹2.9900 - ₹3.0300 as of August 14, 2026. The stock shows a 52-week range of ₹11,624,055 with a beta of 0.60, indicating relatively low volatility compared to the broader market.
