Shree Renuka Sugars Limited — Board Meeting, 07-08-2025: Outcome of Board Meeting
07-08-2025 | 06:03 pm
07-08-2025 | 06:03 pm
Shree Renuka Sugars' Board has approved its consolidated financial results for the quarter ended June 30, 2025. The company reported revenue from operations of ₹2,010.2 crore, alongside a net loss of ₹263.6 crore for the quarter. Despite significant current liabilities exceeding assets and a negative net worth of ₹1,927.2 crore, management has prepared financials on a 'going concern' basis. This is strongly supported by corporate guarantees and letters of comfort from its ultimate parent, Wilmar International Limited, ensuring financial obligations can be met.
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