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* - Tentative Dates
The company intend to utilize the gross proceeds raised through the Issue (the “Gross Proceeds”) after deducting the Issue related expenses (“Net Proceeds”) for the following objects:
Davangere Sugar Company Limited's revenue decreased by 1% and profit after tax (PAT) dropped by 11% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
| Total Income | 214.99 | 216.53 |
| Profit After Tax | 10.83 | 12.24 |
| Net Worth | 195.04 | 185.21 |
| Reserves and Surplus | 100.96 | 91.12 |
| Amount in ₹ Crore | ||
Davangere Sugar is engaged in sugar manufacturing business, providing high-quality sugar and renewable energy solution. It has diversified operations including sugar manufactring, ethanol production, and co-generation of power.
It generates 54% of its revenue from sugar production segment, followed by renewable energy with 36%, by-product molasses with 7.7% and rest from other segments.