Shree Renuka Sugars Swings to Q4 Profit Amidst Revenue Decline
Shree Renuka Sugars posted a consolidated net profit of 916.00 million rupees in Q4, compared to a loss of 1.12 billion rupees in the same quarter last year. However, revenue decreased to 27.00 billion rupees from 35.00 billion rupees year-on-year. The company showed improvement from a loss of 2.03 billion rupees in the previous quarter. Recent quarterly data indicates challenges with declining EBITDA and operating profit margin.

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Shree Renuka Sugars , a leading sugar producer in India, has reported a significant turnaround in its financial performance for the fourth quarter of the fiscal year. The company posted a consolidated net profit of 916.00 million rupees, marking a substantial improvement from the loss of 1.12 billion rupees recorded in the same quarter of the previous year.
Financial Highlights
- Net Profit: 916.00 million rupees in Q4, compared to a loss of 1.12 billion rupees year-on-year
- Revenue: 27.00 billion rupees, down from 35.00 billion rupees in the year-ago period
- Quarter-on-Quarter Comparison: Improved from a loss of 2.03 billion rupees in the previous quarter
Revenue and Profitability Analysis
Despite the positive shift to profitability, Shree Renuka Sugars faced challenges in its top-line performance. The company's revenue for the fourth quarter stood at 27.00 billion rupees, representing a significant decline from the 35.00 billion rupees reported in the corresponding period last year.
Quarterly Performance Trends
A closer look at the company's recent quarterly performance reveals some interesting trends:
Metric (in crore Rs) | Q4 (Current) | Q3 (1 Year Ago) | % Change (Q4 vs Q3) |
---|---|---|---|
Revenue | 2510.30 | 2379.50 | 5.50 |
EBITDA | -94.30 | 40.70 | -331.70 |
Net Profit | -203.70 | -23.10 | 781.82 |
EPS (in Rs) | -0.96 | -0.10 | 860.00 |
It's important to note that while the company reported a profit for the entire fourth quarter, the most recent available quarterly data shows a loss. This suggests that the profit may have been realized in the earlier part of the quarter or through some year-end adjustments.
Operational Performance
The company's operational metrics for the most recent quarter indicate some challenges:
- Operating Profit: Decreased to -126.30 crore rupees from 28.70 crore rupees in the previous quarter
- Operating Profit Margin (OPM): Declined to -5.10% from 1.21% in the previous quarter
Conclusion
Shree Renuka Sugars' fourth-quarter results present a mixed picture. While the company has managed to swing back to profitability on a quarterly basis, it continues to face challenges in revenue generation and operational efficiency. The sugar industry's cyclical nature and external factors such as global sugar prices and domestic regulations may have played a role in the company's performance.
Investors and analysts will likely keep a close eye on how Shree Renuka Sugars navigates these challenges and capitalizes on its return to profitability in the coming quarters.
Historical Stock Returns for Shree Renuka Sugars
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+2.36% | +13.29% | +7.85% | +12.58% | -33.94% | +224.55% |