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AlphaStreet Analysis

Shree Renuka Sugars Ltd Q4FY23 results out, revenue grows by 7%

Shree Renuka Sugars Ltd is an agribusiness and bioenergy corporation present across the sugar value-chain. It produces sugar, ethanol, power etc. The company has state-of-the-art fully integrated sugar mills to manufacture sugar. Molasses, bagasse and press mud, produced as by-products, are further used to manufacture value added products.

  • Shree Renuka Sugars Ltd reported Total revenue for Q4 FY23 of ₹2,329 Crore, up from ₹2,173 Crore year on year depicting a growth of 7%.
  • Total Expenses for Q4 FY23 of ₹2,320 Crore up, from ₹2,050 Crore year on year, a growth of 13%. 
  • Consolidated Net Profit of ₹45 Crore, down 72% from ₹159 Crore in the same quarter of the previous year. 
  • The Earnings per Share is ₹0.20, down 73% from ₹0.73 in the same quarter of the previous year.
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