Shree Renuka Sugars Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 30,140 million compared to INR 25,516 million a year ago. Revenue was INR 30,621 million compared to INR 25,632 million a year ago. Net loss was INR 1,723 million compared to net income of INR 143 million a year ago. Basic loss per share from continuing operations was INR 0.81 compared to basic earnings per share from continuing operations of INR 0.07 a year ago. Diluted loss per share from continuing operations was INR 0.81 compared to diluted earnings per share from continuing operations of INR 0.07 a year ago.
For the nine months, sales was INR 78,527 million compared to INR 66,922 million a year ago. Revenue was INR 79,814 million compared to INR 67,365 million a year ago. Net loss was INR 5,154 million compared to INR 2,398 million a year ago. Basic loss per share from continuing operations was INR 2.42 compared to INR 1.13 a year ago. Diluted loss per share from continuing operations was INR 2.42 compared to INR 1.13 a year ago.