Shree Renuka Sugars Q3 net profit up at Rs 343.9cr

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Shree Renuka Sugars Q3 net profit up at Rs 343.9cr

Shree Renuka Sugars has come out with its third quarter results. Its Q3 sales were down 9% at Rs 2045.8 crore versus Rs 2247 crore, YoY.

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Shree Renuka Sugars has come out with its third quarter results. Its Q3 sales were down 9% at Rs 2045.8 crore versus Rs 2247 crore, YoY.

The company's net profit was up at Rs 343.9 crore versus Rs 66.4 crore, YoY.

Its forex gain has increased to Rs 429.3 crore against Rs 43.5 crore, YoY. Its OPM stands at 16.24% versus 13.37%.

On quarter on quarter basis, its sales were down 12.4% at Rs 2045.8 crore versus Rs 2334.9 crore and profit was at Rs 343.9 crore versus loss of Rs 618.5 crore.

The company's forex gain was of Rs 429.3 crore versus loss of Rs 569.9 crore. Its OPM was at 16.24% versus 10.45%.