Davangere Sugar Company has reported its standalone audited financial results for the financial year ended March 31, 2026. The company posted a net profit of ₹850.66 lakh for FY26, a decline from ₹1,093.71 lakh in the previous year. Revenue from operations for the year increased to ₹23,877.26 lakh compared to ₹21,498.53 lakh in FY25.

Annual Financial Performance

The full-year results show a contraction in profitability despite a rise in topline revenue. The following table summarises the key financial metrics for the year:

Q4 Performance

For the quarter ended March 31, 2026, the company recorded a net profit of ₹194.99 lakh, marginally higher than ₹194.25 lakh in the corresponding quarter of the previous year. Revenue for Q4 FY26 surged to ₹8,382.38 lakh from ₹5,690.69 lakh in Q4 FY25. Total income for the quarter stood at ₹8,448.91 lakh.

Segment Results

The company operates across Sugar, Co-generation, Aviation, and Distillery segments. For the year ended March 31, 2026, the Distillery segment contributed the maximum revenue of ₹13,174.31 lakh, followed by Sugar at ₹9,888.98 lakh. The Co-generation segment reported a revenue of ₹709.51 lakh, while the Aviation segment generated ₹104.46 lakh.

Board and Audit Details

The audited financial results were considered and approved by the Board of Directors at a meeting held on May 29, 2026. The audit report was issued by M/s D G M S & Co., Chartered Accountants, the statutory auditors of the company. The meeting commenced at 05:00 P.M. and concluded at 05:30 P.M.

Regulatory Filing

Pursuant to Regulation 47 of the SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015, the company submitted newspaper publications of the audited financial results. The extract was published in The Indian Express (English) and Nagravani (Kannada) on May 31, 2026.

Davangere Sugar Company Limited has informed the stock exchanges of the resignation of Ms. Uma Singh (Membership No. A67187) from the position of Company Secretary and Compliance Officer of the company. The resignation is effective from the closure of business hours on Friday, May 15, 2026. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Details of the Resignation

The company filed the requisite disclosure under Regulation 30 of the SEBI Listing Regulations, read with SEBI Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The following table summarises the key particulars of the resignation as disclosed by the company:

Resignation Letter and Confirmation

In her resignation letter addressed to the Board of Directors of Davangere Sugar Company Limited, Ms. Uma Singh confirmed that personal reasons were the sole basis for her decision to step down. She explicitly stated that there are no other material reasons for her resignation beyond those mentioned. Ms. Uma Singh also requested that her name be removed as Company Secretary and Compliance Officer from the records of the Registrar, stock exchanges, and any other place where her name is registered in that capacity.

Ms. Uma Singh expressed gratitude to the Board of Directors, Key Managerial Personnel (KMPs), staff members, and her team for their support during her tenure. The resignation letter was signed by Ms. Uma Singh and forms part of the regulatory disclosure submitted to the exchanges.

Regulatory Filing

The intimation was submitted to both BSE Limited and the National Stock Exchange of India Limited by S.S. Ganesh, Managing Director (DIN: 00451383), on behalf of Davangere Sugar Company Limited. The filing was digitally signed on May 15, 2026, and the resignation letter along with the detailed reasons has been attached as part of the regulatory submission as required under the applicable SEBI regulations.