Devdas (Saigal/Barua), son of a zamindar, and Parvati (aka Paro)(Jamuna), his poor neighbour's daughter, are childhood sweethearts. Status and caste differences prevent their marriage and Devdas is sent to Calcutta while Paro is married off to an aged but rich widower. In Calcutta the hero meets the prostitute Chandramukhi (Rajkumari/Chandrabati Devi) but remorse drives him to alcohol and (after a long train journey in which he attempts to run away from himself) he comes to die in front of his true love's house.