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  • Expect to close Wilmar deal by December or January: Shree Renuka Sugars Nov 14, 2017 11:50 AM IST

    Expect to close Wilmar deal by December or January: Shree Renuka Sugars

    Shree Renuka Sugars reported its Q2 numbers with sugar segment dragging the revenues down. In an interview with CNBC-TV18, Narendra Murkumbi, VC and MD, Shree Renuka Sugars spoke about the results and his outlook for the company.

  • Expect 30-35% increase in cane production in FY18: Shree Renuka May 30, 2017 12:40 PM IST

    Expect 30-35% increase in cane production in FY18: Shree Renuka

    Shree Renuka Sugars posted an EBITDA loss due to higher expenses. In an interview to CNBC-TV18, Narendra Murkumbi, VC & MD of the company spoke about the results and gave his outlook.

  • Sugar prices to go up further; cane volumes low: Shree Renuka Feb 02, 2017 12:26 PM IST

    Sugar prices to go up further; cane volumes low: Shree Renuka

    The prices for the first nine months were around Rs Rs 30-32/kg ex-mill but increased over the last 30-days to Rs 36/kg. Hopeful of them going up further, said Narendra Murkumbi, VP & MD, Shree Renuka Sugars.

  • Truck network is in pain due to demonetisation: Shree Renuka Nov 16, 2016 02:30 PM IST

    Truck network is in pain due to demonetisation: Shree Renuka

    In conversation with CNBC-TV18, Narendra Murkumbi, VC & MD, Shree Renuka Sugars, says that transport in sugar industry is very badly hit. New purchases have come down to 50 percent. Supply of manpower at the lower levels is getting difficult.

  • Local sugar price to see a 'rapid rally' post rain: Shree Renuka May 31, 2016 11:32 AM IST

    Local sugar price to see a 'rapid rally' post rain: Shree Renuka

    The company sold sugar at an average price of Rs 29 ex-mill in the fourth quarter of FY16, and the current ex-mill price has risen to Rs Rs 32.5, says Narendra Murkumbi, the co-founder of Shree Renuka Sugars.

  • Rising sugar prices to help margins in 2 qtrs: Shree Renuka Nov 13, 2015 12:30 PM IST

    Rising sugar prices to help margins in 2 qtrs: Shree Renuka

    Narendra Murkumbi, VC & MD, Shree Renuka Sugars said the previous two quarters were hit by lower sugar prices, but things appear to be on the mend.

  • Brand ‘Madhur‘ to help boost realisations: Shree Renuka May 22, 2015 11:05 AM IST

    Brand ‘Madhur‘ to help boost realisations: Shree Renuka

    Brand ‘Madhu‘ which is now the no.1 brand in the country helped the company perform better in the sugar segment, said Narendra Murkumbi VC & MD, Shree Renuka Sugars.

  • Margins for cane milling biz to remain weak: Shree Renuka Aug 16, 2013 12:52 PM IST

    Margins for cane milling biz to remain weak: Shree Renuka

    Shree Renuka Sugars is hopeful that its ethanol business will report higher volume and better margins going ahead.

  • Sugar EBIT margins to rise; cogen volumes up: Shree Renuka Feb 01, 2013 12:16 PM IST

    Sugar EBIT margins to rise; cogen volumes up: Shree Renuka

    Narendra Murkumbi, MD, Shree Renuka Sugars reveals on CNBC-TV18 that volumes from cogeneration have increased considerably. The company has begun de-emphasising trading segment and the proportion of trading is to become smaller in overall revenue mix.

  • See stronger sugar prices in Q4: Shree Renuka Aug 16, 2012 12:16 PM IST

    See stronger sugar prices in Q4: Shree Renuka

    Narendra Murkumbi, MD of Shree Renuka Sugars says, the Indian domestic price has moved from export parity, from around Rs 26-27 per kg ex-mill level region to about currently Rs 33-34 per kg. "I expect these prices to hold. One could see stronger prices in the Q4," he adds.

  • Shree Renuka Sugars Q1 loss likely to be at Rs 7.5 cr Aug 14, 2012 10:29 AM IST

    Shree Renuka Sugars Q1 loss likely to be at Rs 7.5 cr

    Shree Renuka Sugars, the country's largest sugar refiner is set to announce its results for the quarter ended June 2012. Analysts on an average expect the company to report a net loss of Rs 7.5 crore as against profit of Rs 187 crore in a year ago period.

  • Expect exports to boost sales in FY13: Renuka Sugars May 30, 2012 10:30 AM IST

    Expect exports to boost sales in FY13: Renuka Sugars

    In an interview with CNBC-TV18, Narendra Murkumbi, MD, Shree Renuka blamed the depreciating rupee for its increasing debt and said that the tough macro environment is hurting their deleveraging plan.

  • Local ops' profitability to improve post Apr: Shree Renuka Feb 14, 2012 10:20 AM IST

    Local ops' profitability to improve post Apr: Shree Renuka

    Narendra Murkumbi, managing director of Shree Renuka Sugars says the company has achieved its target of planting 20,000 hectare of sugarcane in Brazil. "We should see the positive results from this planting exercise from the April-June quarter of this year," he says.

  • Blame it on Rio: Shree Renuka debt soars, Brazil unit fails Nov 14, 2011 11:46 AM IST

    Blame it on Rio: Shree Renuka debt soars, Brazil unit fails

    Speaking to CNBC-TV18, Narendra Murkumbi, managing director of Shree Renuka Sugars says that the main reason for the underperformance in Q2 is the losses churned out by the Brazilian unit.

  • Shree Renuka Q4 adjusted PAT seen up at Rs 160 cr Nov 11, 2011 10:09 AM IST

    Shree Renuka Q4 adjusted PAT seen up at Rs 160 cr

    Shree Renuka Sugars is expected to report an adjusted profit after tax of Rs 160 crore in the fourth quarter of FY11 as against Rs 140.1 crore in the corresponding quarter of last fiscal. Sugar companies' financial year ends in September 30, 2011.

  • Shree Renuka Sugars Sep qtr PAT seen up at Rs 156.3 cr Oct 03, 2011 05:39 PM IST

    Shree Renuka Sugars Sep qtr PAT seen up at Rs 156.3 cr

    Unicon Investment has come out with its earning estimates on food processing sector for the quarter ended Sep 2011. According to the research firm, Shree Renuka Sugars Sep quarter net sales are expected to go down by 13.4% at Rs 2129.1 crore, year-on-year, (YoY) basis.

  • Shree Renuka Q3 consol PAT seen up 16.3% at Rs 105cr Aug 11, 2011 12:15 PM IST

    Shree Renuka Q3 consol PAT seen up 16.3% at Rs 105cr

    Shree Renuka Sugars is likely to report a growth of 16.3% (YoY) in profits for third quarter of FY11. During the period, consolidated profit after tax of the company is expected to increase to Rs 105 crore as against Rs 90.3 crore in the corresponding quarter last fiscal.

  • Shree Renuka Sugars Q2  PAT seen down 669% at Rs 76.3 cr May 10, 2011 08:14 AM IST

    Shree Renuka Sugars Q2 PAT seen down 669% at Rs 76.3 cr

    Bottomline performance of Shree Renuka Sugars is likely to be poor for the quarter ended March 2010 and the same with operating profit margin (OPM).

  • Renuka Sugars Mar qtr PAT seen down at Rs 142cr: PLilladher Apr 12, 2011 04:44 PM IST

    Renuka Sugars Mar qtr PAT seen down at Rs 142cr: PLilladher

    Prabhudas Lilladher has come out with its earning estimates on Shree Renuka Sugars for the quarter ended March 2011. According to the research firm, its March quarter sales are expected to go up by 38.7% at Rs 2471.2 crore, year-on-year, (YoY) basis.

  • Shree Renuka Mar qtr PAT seen down at Rs 185.9 cr: UNICON Apr 07, 2011 03:14 PM IST

    Shree Renuka Mar qtr PAT seen down at Rs 185.9 cr: UNICON

    UNICON has come out with its earning estimates on Food Processing sector for the quarter ended March 2011. According to the research firm, Shree Renuka Sugars (SHRS) March quarter revenue are expected to go up by 15.9% at Rs 2065.4 crore, year-on-year, (YoY) basis.

  • Lower tariffs impacted cogen profits: Shree Renuka Feb 11, 2011 08:15 PM IST

    Lower tariffs impacted cogen profits: Shree Renuka

    Shree Renuka Sugars has reported a consolidated net profit of Rs 66.4 crore for the quarter ended December 2010 as against Rs 261 crore in same quarter the previous year.

  • Shree Renuka Q1 PAT seen down at Rs 130 cr Feb 11, 2011 10:24 AM IST

    Shree Renuka Q1 PAT seen down at Rs 130 cr

    Shree Renuka Sugars is set to report a consolidated profit after tax of Rs 130 crore for the quarter ended December 2010 as against Rs 260.9 crore in same quarter the previous year, according to CNBC-TV18 estimates.

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