E-PaperDavangere Sugar Company Q1 Results Live : profit falls by 14.84% YOY
Davangere Sugar Company Q1 Results Live : Revenue decreased by 4.52% YoY & profit decreased by 14.84% YoY
Davangere Sugar Company Q1 Results Live : Davangere Sugar Company announced their Q1 results on 15 Jul, 2024, showing a decrease in revenue by 4.52% and a decline in profit by 14.84% YoY.
Quarterly comparison reveals a significant drop in revenue by 28.31% and profit by 79.35% when compared to the previous quarter.
The company witnessed a sharp rise in Selling, general & administrative expenses by 42.05% q-o-q and 17.34% Y-o-Y.
Operating income took a hit, decreasing by 12.17% q-o-q but showing an increase of 48.75% Y-o-Y.
The Earnings Per Share (EPS) for Q1 stands at ₹0.1, marking a 16.67% decrease Y-o-Y.
Investors observed a negative return of -6.86% in the past week, while the company delivered a positive return of 5.03% in the last 6 months and 0.84% YTD return.
Davangere Sugar Company currently holds a market cap of ₹843 Cr with a 52-week high/low of ₹12 & ₹6.75 respectively.
Davangere Sugar Company Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 45.57 | 63.57 | -28.31% | 47.73 | -4.52% |
| Selling/ General/ Admin Expenses Total | 2.36 | 1.66 | +42.05% | 2.01 | +17.34% |
| Depreciation/ Amortization | 2.98 | 3.28 | -8.97% | 2.89 | +3.12% |
| Total Operating Expense | 39.08 | 56.18 | -30.43% | 43.37 | -9.88% |
| Operating Income | 6.49 | 7.39 | -12.17% | 4.36 | +48.75% |
| Net Income Before Taxes | 1.36 | 4.6 | -70.37% | 1.4 | -2.82% |
| Net Income | 0.94 | 4.55 | -79.35% | 1.1 | -14.84% |
| Diluted Normalized EPS | 0.1 | 0.48 | -79.17% | 0.12 | -16.67% |
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