Shree Renuka Sugars Limited — Important, 28-10-2024: Financial Result Updates

Shree Renuka Sugars reported a 12% increase in total standalone income for H1FY25. EBITDA rose by 47%, delivering positive profit before tax (PBT) for Q2. Consolidated revenue increased 15% to INR 56.53 billion, with EBITDA up 52%. Despite improvements, the company posted a consolidated PBT loss, narrowing to INR 2.19 billion from INR 3.44 billion. Current liabilities exceed current assets, prompting refinancing of external borrowings with support from its parent company, Wilmar Group.