Shree Renuka Sugars
24.02
-0.54(-2.20%)
Market Cap₹5,112.63 Cr
PE Ratio-9.04
Company Performance:
1D-2.20%
1M-2.95%
6M-23.09%
1Y-14.12%
5Y+141.41%
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More news about Shree Renuka Sugars
25Sept 25
Sugar Industry Faces Setback as Government Maintains Ethanol Prices for 2025-26
The Indian government's decision to keep ethanol prices from sugar-based feedstocks at Rs 65.61 per litre for 2025-26 has disappointed sugar companies. Industry leaders express concern over the lack of price parity with maize-based ethanol (Rs 66.07 per litre). This decision may incentivize mills to shift focus from ethanol to sugar production, potentially leading to a sugar surplus. The industry, which invested Rs 35,000-40,000 crore in ethanol capacity, now faces challenges in profitability and market dynamics.
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06Sept 25
Shree Renuka Sugars Reports 25% Revenue Growth Amid Challenges in FY24
Shree Renuka Sugars Limited announced its FY2024 financial results, showing a 25% increase in total revenue and a 5% rise in consolidated EBITDA to INR 7,560.00 million. The refinery division performed exceptionally well with production up 30%, sales revenue up 48%, and EBITDA growth of 41%. However, ethanol and sugar segments faced challenges due to restrictive government policies. Despite revenue growth, the company's consolidated loss before tax widened by 157% to INR 4,618.00 million. The company issued non-convertible debentures worth INR 2,850.00 million and acquired Anamika Sugar Mills Private Limited for INR 2,355.00 million in October 2023.
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09Aug 25
Shree Renuka Sugars Reports Steep Revenue Decline and Widening Losses in Q1 FY2026
Shree Renuka Sugars Limited reported a substantial decline in financial performance for Q1 FY2026. Total income from operations fell 34.30% to Rs. 19,174.00 million. Net loss after tax increased by 59.00% to Rs. 2,151.00 million. Consolidated results showed similar trends with total income down 34.30% and net loss after tax rising to Rs. 2,636.00 million. EPS deteriorated to Rs. (1.01), and the company's net worth remained negative at Rs. (6,165.00) million. The debt-to-equity ratio stood at -1.10, reflecting ongoing financial challenges.
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15May 25
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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14May 25
Shree Renuka Sugars Posts Impressive Q4 Turnaround with ₹916 Crore Profit
Shree Renuka Sugars Limited has reported a significant financial turnaround in Q4, posting a net profit of ₹916.00 crore compared to a loss of ₹112.00 crore in the same quarter last year. The company's EBITDA increased to ₹290.00 crore from ₹258.00 crore, with the EBITDA margin improving to 10.84% from 7.43%. However, revenue decreased to ₹2,700.00 crore from ₹3,500.00 crore year-over-year. This remarkable profit recovery demonstrates effective cost management and operational efficiency, despite the revenue decline.
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Shree Renuka Sugars
24.02
-0.54
(-2.20%)
1 Year Returns:-14.12%
Industry Peers