Shree Renuka Sugars (RENUKA) Q2 24/25 earnings summary

Executive summary

• Revenue for H1FY25 increased 15% year-over-year to INR 56,532 million on a consolidated basis.

• EBITDA for H1FY25 rose 52% to INR 3,540 million, with PBT loss narrowing to INR 2,193 million from INR 3,441 million last year.

• Standalone total income for H1FY25 grew 12%, and EBITDA increased 47%, resulting in positive PBT for Q2.

Financial highlights

• Consolidated revenue for H1FY25: INR 56,532 million vs INR 49,193 million last year.

• Consolidated EBITDA for H1FY25: INR 3,540 million vs INR 2,331 million last year.

• Consolidated net loss for H1FY25: INR 1,893 million, improved from INR 3,445 million loss last year.

• Standalone net loss for H1FY25: INR 1,149 million, improved from INR 2,787 million loss last year.

• Standalone revenue from operations for H1FY25: INR 51,094 million vs INR 46,957 million last year.

Outlook and guidance

• Management expects to meet all financial obligations on a timely basis, supported by guarantees and a letter of support from the holding company.