Shree Renuka Sugars Limited — Board Meeting, 11-02-2025: Outcome of Board Meeting

The Board of Shree Renuka Sugars has approved the unaudited financial results for the quarter and nine months ended December 31, 2024, showing a standalone revenue of ₹783.95 crore, a 2% increase year-on-year, with a net loss of ₹195.30 crore for the quarter. The consolidated revenue increased by 3.8% to ₹828.83 crore, while also reporting a loss before tax of ₹234.20 crore for the quarter. Additionally, the Board approved the re-appointment of two independent directors for five years, effective August 9, 2025, and initiated a postal ballot for shareholder consent on several business items, including margin increases for directors and material related party transactions.