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05/02/2026 18:20

Shree Renuka Sugars posts Q3 net loss of Rs 23.80 cr

The company reported standalone net loss during the quarter stood at Rs 23.80 crore as compared to net loss of Rs 195.30 crore in the previous year quarter.

Net revenue of the company declined moderately by 8.31 per cent at Rs 2,112.00 crore in October-December quarter of this fiscal as against Rs 2,303.40 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 23.34 per cent to Rs 1,876.90 crore from Rs 2,448.20 crore in year ago period.

Other Income dipped by 14.13 per cent at Rs 31.00 crore versus (Dec'24 Rs 36.10 crore).

Operating Profit surged by 1275.50 per cent to Rs 235.10 crore as against Rs -20.00 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1379.31 per cent in December quarter.

Interest declined by 8.55 per cent y-o-y to Rs 159.30 crore, while Taxation increased by 311.38 per cent at Rs 61.30 crore (Dec'24 Rs -29.00 crore).