Shree Renuka Sugars (RENUKA) Q2 26/27 earnings summary

Executive summary

• Q2 FY27 consolidated revenue was INR 19,050 million and loss after tax was INR 1,939 million; the prior-year quarter recorded revenue of INR 24,890 million and loss after tax of INR 3,693 million.

• H1 FY27 consolidated revenue was INR 40,252 million, with loss before tax of INR 5,178 million and loss attributable to parent shareholders of INR 3,686 million.

Financial highlights

• Q2 consolidated loss before tax narrowed to INR 2,019 million from INR 4,013 million YoY; H1 loss before tax narrowed to INR 5,178 million from INR 7,427 million.

• Q2 consolidated EPS was -INR 0.91 versus -INR 1.73 YoY; H1 EPS was -INR 2.09 versus -INR 2.97.

• Consolidated H1 operating cash flow was INR 6,942 million, up from INR 1,757 million; cash and cash equivalents ended the period at INR 666 million.

Outlook and guidance

• Management expects financial obligations to be met on time, supported by a holding-company letter of support for working capital needs and guarantees for long-term loans, ECBs and NCDs.