Shree Renuka Sugars (RENUKA) Q2 25/26 earnings summary

Executive summary

• Board approved unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025.

• Conversion of a loan to equity in KBK Chem-Engineering Private Limited, a wholly owned subsidiary, to strengthen its capital structure and reduce indebtedness.

Financial highlights

• Standalone revenue from operations for Q2 FY26 was INR 23,881 million, down from INR 24,397 million in Q2 FY25.

• Standalone net loss for Q2 FY26 was INR 3,495 million, compared to a net profit of INR 34 million in Q2 FY25.

• Consolidated revenue from operations for Q2 FY26 was INR 24,865 million, down from INR 25,662 million in Q2 FY25.

• Consolidated net loss for Q2 FY26 was INR 3,693 million, compared to a net loss of INR 184 million in Q2 FY25.

Outlook and guidance

• Management continues to prepare financials on a going concern basis, supported by guarantees and letters of support from the ultimate holding company.