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Shree Renuka Sugars Ltd. FY24 Annual Results:

Writer's picture: CA Vishnu AgarwalCA Vishnu Agarwal

Shree Renuka Sugars Ltd. (SRSL), one of India's largest sugar and ethanol producers, announced its financial results for the fiscal year ending March 31, 2024 (FY24).


Key Highlights:


  • Revenue: Increased by 25% YoY, driven by higher sugar prices and export volumes.

  • Refinery Segment: Delivered strong performance due to firm international sugar prices and high export volumes.

  • Ethanol & Sugar Segment: Faced challenges due to restrictive government policies on ethanol.

  • EBITDA: Increased by 5% YoY.

  • PAT: Not explicitly mentioned in available summaries.


Additional Information:


  • Refinery Division Performance: The refinery division was a significant contributor to the overall revenue growth, benefiting from favorable international sugar prices and increased export volumes.

  • Ethanol & Sugar Segment Challenges: The Ethanol and Sugar segment faced headwinds due to government policies, which impacted profitability.


For a detailed analysis and further information, you can refer to the following resources:



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