Shree Renuka Sugars Limited EBITDA Rises 2% in FY25, Q4 PAT of INR 931 Mn

Shree Renuka Sugars Limited - one of India’s largest sugar and green energy (ethanol and renewable power) producer and a subsidiary of Wilmar Sugar and Energy Pte Ltd (formerly known as Wilmar Sugar Holdings Pte Ltd) Singapore – has reported its financial performance for the quarter and year ended March 31, 2025.

Highlights of the consolidated results for the quarter and Annual are summarized below –

HIGHLIGHTS CONSOLIDATED – Q4 & ANNUAL PERFORMANCE FY25

• PAT loss reduced from negative INR 6,272Mn to negative INR 2,999Mn. Lower by 52%
• Cane Crushing lower by 17% due to poor crops in Maharashtra and Karnataka.
• EBITDA for the year increased from INR 7,560Mn to INR 7,675Mn.
• PAT in Q4 of INR 931Mn vs loss of INR 1,110 Mn last year

INR Mn

Highlights of the standalone results for the quarter and Annual are summarized below –

HIGHLIGHTS STANDALONE– Q4 & ANNUAL PERFORMANCE FY25

• PAT Loss for the year reduced by 54% to negative INR 2,558Mn vs negative INR 5,595 Mn over the last year.
• Cane crushed lower by 20% due to early flowering in Maharashtra/Karnataka .
• Revenue down 4% at INR 1,04,240Mn vs INR 1,08,981Mn. Refinery contributed 73% of total revenue.
• EBITDA marginally up at INR 7,206 Mn vs INR 7,195Mn last year.
• Finance cost lower by 13% to INR 7,229Mn vs LY INR 8,276Mn
• Ethanol production up by 2%. Ethanol sales up 13% 
• Refinery sold 14.25 lakh tonnes vs LY at 15.11 lakh tonnes.
  
  INR Mn

MANAGEMENT COMMENTS

 Mr. Atul Chaturvedi, Executive Chairman

“Despite head winds due to poor cane crop in Maharashtra and Karnataka the operational performance has remained strong. The EBITDA levels have been maintained, and PAT losses have been reduced significantly from negative INR 6,272Mn to negative INR 2,999Mn. Our standalone interest outgo has also been reduced noticeably by 13% contributing to the improved overall profitability of the Company.”

Mr. Sunil Ranka, Chief Financial Officer

“The Company has delivered a resilient financial performance driven by the steady topline resulting in consolidated EBITDA growth of 2% despite low cane availability. Finance cost has dropped significantly, due to refinancing of the ECB Loan, lower SOFR rates, better working capital management and timely repayment of loans.”