Results - Announcements
Shree Renuka Sugars Ltd share price retreated by 5.55% to Rs 17.35 after the company's net profit plunged by 22.90% to Rs 193.9 crore, while revenue from operations declined 10.26% to Rs 1900.7 crore in Q3FY26 over Q2FY26.
The market capitalization of Sugar industry group stocks on BSE stood at Rs 42447.11 crore, declining 6.58%. It has slipped by 4.99% over last one week and crept higher by 2.46% in last one month while the market capitalization of Shree Renuka Sugars Ltd has eased by 7.12% and 20.59% in the same period respectively.
Profit before tax (PBT) of Shree Renuka Sugars Ltd stood at Rs 201.9 crore in Q3 FY26, crashing by 49.69% year-on-year, and nosediving by 36.09% quarter-on-quarter. EBITDA came in at Rs 13 crore, plunging by 106.05% YoY and tanking 115.22% sequentially.
Total expenses dropped by 14.15% to Rs 1944.7 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 1186.9 crore, marginally falling by 6.43% YoY, while employee benefits expense was at Rs 50.7 crore, dipping slightly 3.80% YoY.
For the TTM ended FY26, revenue from operations fell 13.49% to Rs 9160.5 crore, while net profit soared by 164.22% to Rs 792.4 crore, compared to previous TTM. EBITDA surged by 48600% to Rs 117.1 crore, and PBT surged 140.57% to Rs 872.3 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 121.8 crore in FY26, as against Rs 950.4 crore in FY25.
Shree Renuka Sugars Ltd crashed 41.82% in last one year, underperforming the benchmark BSE Sensex which has slipped by 11.78% during the same period.