Shree Renuka Sugars: Reports Q2 FY27 Results With Net Loss

Shree Renuka Sugars Limited announced its unaudited financial results for the quarter and half year ended September 30, 2026. The company reported a net loss for both periods, with the total comprehensive loss attributable to equity holders standing at INR 1,933 million for the quarter and INR 4,444 million for the half-year. The results were approved by the Board of Directors on October 30, 2026.

Shree Renuka Sugars Reports Financial Results for Q2 FY27

Shree Renuka Sugars Limited has officially released its unaudited financial results for the second quarter and the first half of the financial year ending September 30, 2026. The Board of Directors, in a meeting held on October 30, 2026, considered and approved these results. The accompanying Limited Review Report from SRBC & CO LLP is also attached.

Financial Performance Overview

For the quarter ended September 30, 2026, the company reported a total comprehensive loss of INR 1,933 million, with a loss of INR 0.77 per share (basic and diluted). The revenue from operations for the quarter stood at INR 17,751 million.

For the half-year ended September 30, 2026, the total comprehensive loss amounted to INR 4,444 million, resulting in a loss of INR 1.78 per share (basic and diluted). The revenue from operations for the half-year reached INR 37,437 million. The company’s net worth as of September 30, 2026, was negative INR 16,452 million.

Segmental Performance and Other Details

The financial results provide a breakdown of segment-wise revenue, results, assets, and liabilities. The company operates in various segments including Sugar-milling, Sugar-refinery, Distillery, Co-generation, Trading, and Engineering. Detailed financial statements, including the balance sheet and cash flow statement, are provided for both standalone and consolidated operations.

The company also highlighted that all long-term loans and External Commercial Borrowings (ECB) are secured by a corporate guarantee from its ultimate holding company. Despite current liabilities exceeding current assets, the management believes the company can meet its financial obligations on a going concern basis.

Source: BSE

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