Latest news with #ShreeRenukaSugars
Time of India
7 days ago
- Business
- Time of India
Turnaround stocks: IFCI, Shree Renuka Sugars among six BSE 500 stocks to swing to profit in Q4
Mixed CY2025 stock returns Live Events What to do with them? (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel As the Q4FY25 earnings season is set to culminate this week, six listed companies in the BSE 500 index have scripted a strong turnaround, reporting profits in the reported quarter after losses in the previous quarter. The notable names which have delivered a remarkable shift in performance include CreditAccess Grameen Mahindra Lifespace Developers , Nuvoco Vistas, and Shree Renuka Sugars As of May 28, 2025, 461 companies in the BSE 500 index declared their quarterly Grameen saw a striking reversal, posting a profit of Rs 47.21 crore in Q4FY25 compared to a loss of Rs 99.52 crore in Q3. IFCI also swung to a profit of Rs 260.43 crore from a loss of Rs 8.74 crore. Similarly, Graphite India turned profitable with Rs 49 crore versus a Rs 21 crore QoQ loss. As for Mahindra Lifespace Developers, the real estate company reported Rs 85.09 crore in earnings after a Rs 22.47 crore and building material company Nuvoco Vistas posted Rs 165.54 crore in Q4 profits against a loss of Rs 61 crore, while Shree Renuka Sugars recovered from a massive Rs 203.70 crore loss in Q3FY25 to post Rs 93.10 crore in net profit in the quarter under their strong quarterly turnarounds, stock market performance in CY2025 has been mixed for these companies. CreditAccess Grameen has rewarded investors with a 33.69% return so far this year, and IFCI is up 12.78%. However, others have lagged—Graphite India is down 5.84%, Mahindra Lifespace Developers has slipped 20.57%, Nuvoco Vistas is nearly flat with a marginal 0.06% uptick, and Shree Renuka Sugars has declined 15.89%, indicating investor caution despite earnings Bathini, Director-Equity Strategy at WealthMills Securities, summed up the Q4 season as a decent quarter with no negative surprises considering the domestic and global uncertainties. In his view, all six stocks are "decent" CreditAccess, he said that the company's performance is improving. "BFSI as a sector is doing well, and NIMs are gradually getting better. The RBI policy announcements could act as a trigger if rates are cut," he said. He declined to recommend the Mahindra Life and Nuvoco, he suggested accumulation with a long-term view. As for Renuka, he said his top bet in the sugar sector is the "sector bellwether" Balrampur Chini. He has an 'Avoid' view on state-run on the growth story of IFCI, Share. Market expert Om Ghawalkar said that the turnaround came on the back of strategic divestments and a capital infusion by the government. Although the revenue of this state-run company dropped 41.6% YoY due to elevated NPAs and ongoing consolidation, the improved bottom line has powered a strong market reaction with the stock rallying 60% this for Shree Renuka Sugars, growth in ethanol sales and tighter cost control were key drivers, this analyst said. "Despite a slight decline in annual revenue, operational improvements helped narrow full-year losses. The stock is in a clear uptrend and has gained nearly 20% while trading above key moving averages," he added.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
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Business Standard
15-05-2025
- Business
- Business Standard
Shree Renuka Sugars Q4 profit rises to ₹93.1 crore on lower expenses
Shree Renuka Sugars Ltd on Thursday said it has posted a consolidated net profit of Rs 93.1 crore for fourth quarter of 2024-25 fiscal on lower expenses. The company had reported a net loss of Rs 111 crore in the year-ago period. Total income declined to Rs 2,752.6 crore during the January-March quarter of the 2024-25 fiscal from Rs 3,386 crore in the year-ago period. However, the expenses remained lower at Rs 2,661.7 crore as against Rs 3,430.1 crore in the same period. For the full 2024-25 fiscal year, the company's net loss narrowed to Rs 299.9 crore from Rs 627.72 crore in the previous year. Shree Renuka Sugars Executive Chairman Atul Chaturvedi said, "Despite head winds due to poor cane crop in Maharashtra and Karnataka the operational performance has remained strong." The EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) levels have been maintained, and PAT (Profit After Tax) losses have been reduced significantly, he said and added the company's standalone interest outgo has also been reduced noticeably by 13 per cent, contributing to the improved overall profitability of the company. Shree Renuka Sugars is one of the largest sugar and green energy (ethanol and renewable power) producers in India.
Business Standard
15-05-2025
- Business
- Business Standard
Shree Renuka Sugars gains on reporting turnaround PAT of Rs 92 crore in Q4
Shree Renuka Sugars rallied 3.66% to Rs 31.74 after the company reported a consolidated net profit of Rs 91.60 crore in Q4 FY25, compared to a net loss of Rs 111.70 crore posted in Q4 FY24. However, revenue from operations fell 21.66% year-on-year (YoY) to Rs 2,713 crore in the fourth quarter of FY25. The firm reported a profit before tax of Rs 90.90 crore in Q4 FY25, marking a significant turnaround from the pre-tax loss of Rs 44.10 crore in the same quarter last year. On the segmental front, revenue from sugar milling stood at Rs 1,085.6 crore (up 28.96% YoY), while revenue from sugar refining was Rs 1,663.6 crore (down 34.26% YoY). Distillery revenue came in at Rs 419 crore (up 267.22% YoY), revenue from co-generation was Rs 186.7 crore (down 9.93% YoY), and revenue from engineering stood at Rs 15.8 crore (down 61.17% YoY). Trading revenue was Rs 0.4 crore, sharply lower than Rs 139.7 crore reported in the same period last year. The companys ethanol production was up by 2%, and sales rose by 13%. Cane crushed was lower by 17% due to poor crop yields in Maharashtra and Karnataka. Refinery sales for the year stood at 14.25 lakh MT. On a full-year basis, the company reported a consolidated net loss of Rs 299.80 crore in FY25, compared to a net loss of Rs 627.20 crore in FY24. Revenue from operations stood at Rs 10,589.10 crore, registering a de-growth of 6.28% YoY. The companys EBITDA for the year increased by 1.52%, rising to Rs 767.5 crore from Rs 756 crore in the previous year. Shree Renuka Sugars is one of the leading sugar manufacturers in India with a track record of over 25 years. Its operations are integrated, encompassing crushing of cane, refining of raw sugar, ethanol production and power generation.
Business Standard
15-05-2025
- Business
- Business Standard
Shree Renuka Sugars reports consolidated net profit of Rs 91.60 crore in the March 2025 quarter
Sales decline 21.67% to Rs 2713.00 crore Net profit of Shree Renuka Sugars reported to Rs 91.60 crore in the quarter ended March 2025 as against net loss of Rs 111.70 crore during the previous quarter ended March 2024. Sales declined 21.67% to Rs 2713.00 crore in the quarter ended March 2025 as against Rs 3463.50 crore during the previous quarter ended March 2024. For the full year,net loss reported to Rs 299.80 crore in the year ended March 2025 as against net loss of Rs 627.20 crore during the previous year ended March 2024. Sales declined 6.29% to Rs 10589.10 crore in the year ended March 2025 as against Rs 11299.80 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 2713.003463.50 -22 10589.1011299.80 -6 OPM % 10.767.44 - 5.686.04 - PBDT 161.2024.80 550 -83.00-195.60 58 PBT 90.90-44.10 LP -362.60-461.80 21 NP 91.60-111.70 LP -299.80-627.20 52
