Shree Renuka Sugars LimitedQ2 FY27 Results & Financial Update
Shree Renuka Sugars Limited: Q2 FY27 consolidated results and company financials – revenue ₹1,914.80 Cr, PAT ₹-193.90 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
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Chart · Market context
Shree Renuka Sugars price & chart
Quarter overview
Quarterly earnings analysis
Shree Renuka Sugars Limited reported total consolidated revenue from operations of INR 1,914.80 crore for the quarter ended September 30, 2026 (Q2 FY27), accompanied by other income of INR 16.30 crore, bringing total income to INR 1,921.30 crore.
The company registered a loss before tax (PBT) of INR 201.90 crore for the quarter. After accounting for a tax credit of INR 8.00 crore, the consolidated net loss after tax (PAT) stood at INR 193.90 crore.
Basic and diluted earnings per share (EPS) for the quarter were negative at INR 0.91, reflecting the bottom-line losses incurred during the period.
Operating performance was impacted by ongoing cost structures, with finance costs remaining a notable expense line at INR 178.50 crore for the quarter, alongside depreciation and amortization charges of INR 69.30 crore.
Interest income for the period was negative at INR 1.10 crore, reflecting specific financial adjustments or net borrowing expense classifications within the reporting period.
The structured financial filing indicates zero provisioning charges for the quarter, leaving profitability entirely exposed to operational margins, input pricing dynamics, and heavy financing overheads.
01 · Business model
What does Shree Renuka Sugars do?
Shree Renuka Sugars Limited operates as an integrated agri-business and manufacturer of sugar, ethanol, and related green-energy products. Its business model spans sugar refining, ethanol production, and power cogeneration, positioning it across agricultural processing and domestic and international sweetener markets.
The company generates its primary revenue streams from the sale of refined and mill-white sugar alongside ethanol produced through various feedstock routes. Its operations encompass extensive milling and refining capacities designed to handle seasonal sugarcane harvests as well as imported raw sugar volumes.
Industrial operations are supported by captive co-generation power plants that utilize bagasse, a fibrous residue of sugarcane milling, to meet internal energy requirements and supply surplus power to state grids.
Geographically, the company serves institutional buyers, consumer segments, and export markets, leveraging port-based refineries that provide logistical flexibility in procuring raw sugar and distributing finished products globally.
02 · Financial snapshot
Current-quarter financial snapshot
| Metric | Q2 FY27 |
|---|---|
| Revenue from operations | ₹1,914.80 Cr |
| Total income | ₹1,921.30 Cr |
| Profit before tax | ₹-201.90 Cr |
| Profit after tax | ₹-193.90 Cr |
| EPS | ₹-0.91 |
Financial interpretation
What the reported numbers mean
Profit after tax represented -10.1% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.
Profit before tax was equivalent to -10.5% of quarterly operating revenue. The distinction between pre-tax and post-tax profit matters when interpreting earnings; neither ratio identifies an underlying cost driver without a properly matched comparative period.
Total income exceeded operating revenue by ₹6.50 crore. This is the disclosed difference between the two lines, not incremental sales. The distinction matters when assessing how much of the quarter’s reported income came from the operating top line.
Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.
03 · Why it moved
Why the quarter looked the way it did
What drove revenue
Revenue from operations reached INR 1,914.80 crore for Q2 FY27, underpinned by core sugar and ethanol sales volumes.
Total income reached INR 1,921.30 crore, bolstered by INR 16.30 crore in other income alongside operating revenues.
What drove margins
Finance costs stood at INR 178.50 crore for the quarter, exerting continuous pressure on pre-tax and net profitability.
Depreciation and amortization expenses were recorded at INR 69.30 crore, reflecting the capital-intensive nature of the company's milling and refining assets.
The company recorded a net tax credit of INR 8.00 crore during the quarter, partially mitigating the pre-tax loss of INR 201.90 crore.
04 · Pressure points & risks
What is not going smoothly
The company reported a consolidated net loss of INR 193.90 crore and a PBT loss of INR 201.90 crore for Q2 FY27.
Interest income was negative at INR 1.10 crore for the quarter.
05 · Items worth noticing
The line items that can distort a quick read
Zero provisions were reported for the quarter under review.
Interest income was reported at a negative INR 1.10 crore for Q2 FY27.
06 · Beyond the numbers
What changed beyond the numbers
Filing Compliance
The financial results for Q2 FY27 were submitted through official structured XBRL filings to the stock exchanges.
07 · Key Q&A
The quarter, answered directly
What does Shree Renuka Sugars do?
Shree Renuka Sugars Limited operates as an integrated agri-business and manufacturer of sugar, ethanol, and related green-energy products. Its business model spans sugar refining, ethanol production, and power cogeneration, positioning it across agricultural processing and domestic and international sweetener markets.
What is the clearest takeaway from Q2 FY27?
Shree Renuka Sugars Limited reported total consolidated revenue from operations of INR 1,914.80 crore for the quarter ended September 30, 2026 (Q2 FY27), accompanied by other income of INR 16.30 crore, bringing total income to INR 1,921.30 crore.
What drove revenue or demand?
Revenue from operations reached INR 1,914.80 crore for Q2 FY27, underpinned by core sugar and ethanol sales volumes.
What mattered most for margins or profitability?
Finance costs stood at INR 178.50 crore for the quarter, exerting continuous pressure on pre-tax and net profitability.
What changed operationally beyond the headline numbers?
The financial results for Q2 FY27 were submitted through official structured XBRL filings to the stock exchanges.
What are the main pressure points disclosed for the quarter?
The company reported a consolidated net loss of INR 193.90 crore and a PBT loss of INR 201.90 crore for Q2 FY27.
08 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
Build your own next-quarter scenario
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Example: enter 10 for 10% revenue growth. Enter -100 for a 1 percentage-point margin decline.
The calculator holds the selected margin basis constant except for the basis-point adjustment you enter. It does not estimate tax, finance cost, dilution, working capital, valuation or share price.
09 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Subsequent Quarterly Filings: Monitor upcoming financial disclosures for trends in revenue realization, debt reduction, and bottom-line recovery.
- 02
Finance Cost Trajectory: Observe future changes in quarterly finance costs (INR 178.50 crore in Q2 FY27) as an indicator of debt management progress.
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