New Delhi [India], November 13: Davangere Sugar Company Limited reported strong revenue growth for the second quarter ended September 30, 2026 , with consolidated net profit rising 34.64% year-on-year to Rs.3.54 crore , compared with Rs.2.63 crore in the corresponding quarter of the previous financial year.
The company's consolidated revenue from operations surged 48.59% to Rs.71.61 crore in Q2 FY27 , compared with Rs.48.19 crore in Q2 FY26 , reflecting significant expansion in its topline performance.
On a sequential basis, revenue more than doubled , registering growth of 106.3% from Rs.34.72 crore in the June 2026 quarter. Consolidated net profit also witnessed a sharp quarter-on-quarter increase of approximately 289% , compared with Rs.0.91 crore in Q1 FY27 .
The company's total consolidated income increased by 51.19% year-on-year to Rs.73.73 crore during the quarter.
Davangere Sugar also recorded a sequential improvement in operating performance, with operating profit increasing by approximately 142% quarter-on-quarter to Rs.1.9 crore . Operating margin improved to 2.7% from 2.3% in the preceding quarter.
The sugar segment recorded substantial revenue growth , while the distillery business also registered higher revenue during the quarter.
Published by HT Digital Content Services with permission from PNN.