Shree Renuka Sugars Limited (RENUKA) — Board Meeting | 8 May 2026
The Board of Shree Renuka Sugars Limited approved the audited standalone and consolidated financial results for the quarter and year ended 31 March 2026, revealing a consolidated net loss of ₹1,532 crores for the quarter and ₹8,723 crores for the full year, with negative net worth of ₹26,766 crores and current liabilities exceeding assets by ₹34,066 crores. The unmodified audit opinion from SR BC & CO LLP confirms compliance with SEBI and Ind AS standards, while management maintains a going concern basis supported by a letter of comfort from parent Wilmar International. Key drivers of loss include a ₹2,948 crore impairment on the integrated milling division and reversal of cane provision income. Segment revenue reached ₹25,485 crores for the quarter, with sugar refining contributing significantly. Despite severe financial distress, the Board retained authority to propose dividends, though no payout was specified.
About Shree Renuka Sugars Limited (RENUKA)
Fast Moving Consumer Goods · Sugar · Listed on NSE
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📊 More RENUKA filings
- 🔴 Annual Report — 31 August 2026 Shree Renuka Sugars Ltd reported a net loss of ₹6,989 million for FY2025-26, down from ₹2,558 millio...
- 🟡 Sustainability Report — 31 August 2026 Shree Renuka Sugars Limited submitted its Business Responsibility and Sustainability Report (BRSR) f...
- 🟡 Board Meeting — 31 August 2026 Shree Renuka Sugars Ltd announced its 30th Annual General Meeting scheduled for 22 September 2026 vi...
- 🔴 Announcement — 25 August 2026 Shree Renuka Sugars Limited announced that credit rating agency India Ratings and Research downgrade...
- 🟡 Board Meeting — 5 August 2026 The board approved unaudited standalone financial results for Q1 FY2026 ending June 30, 2026, showin...
🔥 Also filed on 8 May 2026
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