Q3FY23 Quarterly Result Announced for Shree Renuka Sugars Ltd.
Shree Renuka Sugars announced Q3FY23 results: Q3FY23 & 9MFY23: Total income for 9MFY23 up by 57% over the previous year from Rs 42,055 million to Rs 65,993 million. Refinery contributed 71% of the top line. The EBITDA for 9MFY23 stood at Rs 4,368 million, an increase of 119% over last year of Rs 1,995 million. 9MFY23 level losses have narrowed by 29% from last year. PBT (before exceptional items) during the 9MFY23 being negative at Rs 1,785 million vs negative at Rs 2,524 million over the previous year. Distillery produced during 9MFY23, 12.2 crore liters with a growth of 50%. Despatches up by 33% to a record 14 crores litres. Consolidated 9MFY23: Total income went up by 56% over the previous year from Rs 43,109 million to Rs 67,365 million. The overall 9MFY23 EBITDA stood at Rs 4,213 million, up by 122% as compared to Rs 1,899 million during the previous year. Losses have narrowed down by 18% from last year. PBT negative at Rs 2,300 million vs negative at Rs 2,792 million over the previous year. Result PDF14-02-2023