Shree Renuka Sugars Faces Wider Loss Amid Industry Challenges

Shree Renuka Sugars reported a widened net loss of Rs 203.7 crore in Q3 2025-26, compared to Rs 171.7 crore last year. The company's income dropped to Rs 2,478.3 crore due to various industry challenges. Positive changes in domestic sugar export policies may offer future improvements.

Shree Renuka Sugars has reported a significant widening of its net loss to Rs 203.7 crore for the December quarter, a clear reflection of the challenging industry conditions.

The company's income for the third quarter of the 2025-26 fiscal dropped to Rs 2,478.3 crore from Rs 3,009.7 crore the previous year, despite lower expenses recorded at Rs 2,869.3 crore.

Executive Chairman Atul Chaturvedi highlighted that delayed crushing season due to adverse weather and unchanged ethanol and sugar MSP regulations impacted operations. However, recent government approval for domestic sugar export could potentially boost business in coming quarters.

(With inputs from agencies.)