Shree Renuka Sugars' Q1 FY 2025-26 Quarterly Results

Result Summary

• Shree Renuka Sugars Ltd reported a 41.9% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 34.3%.
• Its expenses for the quarter were down by 32.9% QoQ and 27.4% YoY.
• The net profit increased 137.5% QoQ and increased 58.6% YoY.
• The earnings per share (EPS) of Shree Renuka Sugars Ltd declined at 1.2 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Shree Renuka Sugars Ltd is a prominent player in the sugar industry, renowned for its operations in sugar production and related activities. The company is engaged primarily in the production of sugar, ethanol, and the generation of power. As one of the largest sugar producers in India, Shree Renuka Sugars Ltd has a significant presence in both domestic and international markets. The company is particularly known for its focus on producing ethanol, which has gained importance due to the increasing emphasis on renewable energy sources. Recent developments in the company may include strategic moves to enhance its production capacity or enter new markets, although specific updates are not available.

Revenue

In the first quarter of the fiscal year 2026 (Q1FY26), Shree Renuka Sugars Ltd reported a total income of ₹2020.10 crores. This represents a quarter-over-quarter (QoQ) decline of 41.9% compared to ₹3476.30 crores in Q4FY25. Additionally, the year-over-year (YoY) comparison indicates a decrease of 34.3% from ₹3075.00 crores in Q1FY25. The substantial drop in revenue on both QoQ and YoY bases suggests notable changes in the company's operational or market environment during this period. These figures highlight the variability in income generation within the company's business cycle.

Profitability

The profitability metrics for Shree Renuka Sugars Ltd in Q1FY26 show a challenging scenario. The company incurred a loss before tax of ₹341.40 crores, which is a significant increase from the loss of ₹44.10 crores in Q4FY25, reflecting a QoQ change of 674.1%. On a YoY basis, the loss before tax increased by 91.7% from ₹178.10 crores in Q1FY25. The tax expense for the quarter was negative at ₹-77.80 crores, contrasting with a tax of ₹66.90 crores in Q4FY25 and ₹-11.90 crores in Q1FY25, indicating a drastic shift in tax liabilities. Consequently, the profit after tax stood at a negative ₹263.60 crores in Q1FY26, compared to ₹-111.00 crores in the previous quarter and ₹-166.20 crores in the same quarter last year. The earnings per share (EPS) was ₹-1.20, reflecting a 140.0% QoQ decrease and a 50.0% YoY decrease from ₹-0.50 and ₹-0.80, respectively.

Operating Metrics

The operating metrics of Shree Renuka Sugars Ltd for Q1FY26 reflect a decrease in total expenses, which amounted to ₹2361.50 crores. This represents a QoQ reduction of 32.9% from ₹3520.40 crores in Q4FY25 and a YoY decrease of 27.4% from ₹3253.10 crores in Q1FY25. These figures suggest changes in the company's cost structure or operational efficiencies. The significantly lower expenses in conjunction with declining revenues contribute to the financial performance observed during this period. Additionally, the substantial variations in tax and profitability metrics indicate fluctuating operational and financial conditions impacting the company.