Shree Renuka Sugars has announced a board meeting on the financial results for the quarter and half-year.

Cane crushing fell 17-20% due to poor crops in Maharashtra and Karnataka, but ethanol sales rose 13% and refinery EBITDA increased 17%. Consolidated PAT loss narrowed 52% to INR 299.9 Cr, with consolidated EBITDA up 2% to INR 767.5 Cr.

Standalone finance costs declined 13%, supporting profit recovery amid raw material challenges.