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Shree Renuka Sugars reports net loss of Rs 129.10 crore in Q2

14 Nov 2014 Evaluate

Shree Renuka Sugars has reported results for second quarter ended September 30, 2014.

The company has reported a net loss of Rs 129.10 crore for the quarter under review as compared to a net loss of Rs 120.30 crore for the same quarter in the previous year. However, total income of the company has increased 5.82% at Rs 1630.1 crore for Q2FY15 as compared Rs 1540.4 crore for the corresponding quarter previous year.

Shree Renuka Sugars operates 11 sugar mills in India and Brazil with a total crushing capacity of 20.7 million tonnes per annum and two port-based refineries with sugar production capacity of 1.7 million tonnes per year.

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