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Shree Renuka Sugars turns black in Q1

23 Aug 2016 Evaluate

Shree Renuka Sugars has reported results for the first quarter ended June 30, 2016.

The company has reported a net profit of Rs 3.2 crore for the quarter as against net loss of Rs 150.2 crore for the same quarter in the previous year. Total income of the company increased by 3.32% at Rs 1644.20 crore for quarter under review as compared to Rs 1591.40 crore for the quarter ended June 30, 2015.

Shree Renuka Sugars is a global agribusiness and bio-energy corporation. The company is one of the largest sugar producers in the world, the leading manufacturer of sugar in India, and one of the largest sugar refiners in the world.

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