Quarterly Result15 May 2025, 01:21 am
Shree Renuka Sugars Ltd Reports Improved EBITDA and Lower Loss for FY2025
AI Summary
Shree Renuka Sugars Ltd has reported its financial results for the quarter and financial year ended 31st March 2025. The company's ethanol production and sales increased, while cane crushed decreased due to poor crops in Maharashtra and Karnataka. EBITDA for the year increased to Rs. 7,675 Mn, and the loss for the year reduced by 52% to Rs. 2,999 Mn. The company's finance cost for the year also decreased by 11.7%.
Key Highlights
- Ethanol production up by 2% and sales up 13%
- Cane crushed lower by 17% due to poor crops in Maharashtra and Karnataka
- EBITDA for the year increased from Rs. 7,560 Mn to Rs. 7,675Mn
- PAT Loss for the year reduced by 52% to Rs. 2,999 Mn vs Rs. 6,272 Mn in the previous year
- Finance cost for the year lower by 11.7% to Rs. 8,110 Mn vs Rs. 9180 Mn in last year