Davangere Sugar Company Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 477.29 million compared to INR 461.85 million a year ago. Revenue was INR 514.48 million compared to INR 473.89 million a year ago.

Net income was INR 11.04 million compared to INR 8.2 million a year ago. Basic earnings per share from continuing operations was INR 0.12 compared to INR 0.15 a year ago. Diluted earnings per share from continuing operations was INR 0.12 compared to INR 0.15 a year ago.