Shree Renuka reports consolidated net loss of Rs 71.9 crore for Q4

Shree Renuka Sugars Ltd. | Sugar | Agriculture & Allied activities | BSE: 532670 | NSE: RENUKA

30 May 2012 Evaluate

Shree Renuka Sugars has registered a consolidated net loss of Rs 71.9 crore for the quarter ended March, 2012 as compared to net profit of Rs 59.4 crore in the year-ago period. The total income from operations declined by 9.74% to Rs 1,661.00 crore in the quarter under review from Rs 1,840.30 crore in the corresponding period of last year.

The company has posted a net loss due to fall in other income to Rs 13.6 crore in the March quarter from Rs 46.1 crore in the year-ago period and rise in finance cost to Rs 207.8 crore from Rs 186.2 crore in the review period.

Peers

Company Name	CMP
E.I.D. Parry (I)	704.10
Shree Renuka Sugar	23.52
Triveni Engg. & Inds	246.50
Balrampur Chini Mill	677.35
Bajaj Hindusthan Sug	19.66
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