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.

NSE: RENUKAPublished 30 Oct 2026Updated 30 Oct 2026~6 min read
Quarter at a glanceCurrent reported figures.Change figures appear when a comparable reported period is available.
Revenue from operations₹1,914.80 CrReported Q2 FY27
Profit after tax₹-193.90 CrReported Q2 FY27
EPS₹-0.91Reported Q2 FY27

Find an answer

Ask this result

Chart · Market context

Shree Renuka Sugars price & chart

Market priceLoading…
1Y return—Price return
Loading market chart…
Spotted a factual error?Tell us the number, date or statement and we will re-check the underlying records and calculations.Report an error
Quarterly Results AnalysisExplore Shree Renuka Sugars Q2 FY27 quarterly results and earnings: revenue, profit (PAT), EBITDA, margins, YoY and QoQ growth, order book or business updates where reported, financial performance and management commentary. Reported figures and Nivata calculations are shown separately; no buy, sell or hold recommendation is provided.

Quarter overview

Quarterly earnings analysis

01

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.

02

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.

03

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.

04

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.

05

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.

06

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

MetricQ2 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 conversion

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.

Pre-tax earnings

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.

Operating revenue versus total income

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

Consolidated Revenue Scale

Revenue from operations reached INR 1,914.80 crore for Q2 FY27, underpinned by core sugar and ethanol sales volumes.

Total Income Contribution

Total income reached INR 1,921.30 crore, bolstered by INR 16.30 crore in other income alongside operating revenues.

What drove margins

Finance Cost Burden

Finance costs stood at INR 178.50 crore for the quarter, exerting continuous pressure on pre-tax and net profitability.

Depreciation Expense

Depreciation and amortization expenses were recorded at INR 69.30 crore, reflecting the capital-intensive nature of the company's milling and refining assets.

Tax Impact

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

Net Losses Incurred

The company reported a consolidated net loss of INR 193.90 crore and a PBT loss of INR 201.90 crore for Q2 FY27.

Negative Interest Income

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

Provisions

Zero provisions were reported for the quarter under review.

Negative Interest Income

Interest income was reported at a negative INR 1.10 crore for Q2 FY27.

06 · Beyond the numbers

What changed beyond the numbers

Reported update

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?

Starting point

Build your own next-quarter scenario

Reported values are prefilled where a comparable basis is available. Otherwise, the field starts at 0. You can overwrite every field.

Example: enter 10 for 10% revenue growth. Enter -100 for a 1 percentage-point margin decline.

Scenario output
Scenario revenue / income₹0 cr
Scenario profit after tax₹0 cr
Profit change vs base₹0 cr (0%)
Scenario margin0%
Growth needed to keep profit flat after this margin move0%

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

  1. 01

    Subsequent Quarterly Filings: Monitor upcoming financial disclosures for trends in revenue realization, debt reduction, and bottom-line recovery.

  2. 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.

Learn the metrics

Need the concepts first?

Use Nivata’s plain-English guides to understand the accounting terms used in this brief before interpreting them.

← Back to Quarterly Results