Shree Renuka Sugars Limited has informed the Exchange regarding a press release dated May 15, 2025, titled "Shree Renuka Sugars Limited (SRSL) continues to successfully navigate amidst head winds caused by Low Cane crop and non-revision of Juice Ethanol prices.".
RENUKA · price
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Shree Renuka Sugars reported its FY25 results, showing a sharp 52% reduction in consolidated loss to INR 2,999 crore from INR 6,272 crore last year. Q4 alone swung to a profit of INR 931 crore from a loss of INR 1,110 crore in the year-ago quarter. Consolidated revenue dipped 3% to INR 1,10,409 crore, while EBITDA edged up 2% to INR 7,675 crore. Ethanol volumes and sales grew 13%, and refinery EBITDA rose 17%, helping offset the impact of cane crushing falling 17% due to poor crop in Maharashtra and Karnataka. Finance costs dropped 13% on loan refinancing and lower interest rates.
Despite weak cane availability and unchanged ethanol prices, the company is on a clear recovery path with losses halving and profitability improving. The strong ethanol and refinery performance, combined with lower interest costs, signals better times ahead, though sugar segment remains under pressure.