Shree Renuka Sugars reports its third-quarter financial performance, detailing revenue, profitability, and operational updates. The company highlights key metrics from sugar production and market positioning. Investors analyze the results for insights into its sugar business trends and future outlook.
Shree Renuka Sugars expands ethanol production capacity at Athani from **300 KLPD to 450 KLPD** and at Munoli from **120 KLPD to 500 KLPD**. The company reports commissioning the upgrades to boost output. The move aligns with growing demand for biofuels in India’s energy sector.
Shree Renuka Sugars is set to launch upgraded ethanol production facilities this month. Ethanol now accounts for 40% of the company’s revenue, excluding its refinery operations. The expansion aims to bolster the firm’s focus on biofuel production.
Shree Renuka Sugars Limited expands ethanol production capacity from **970 KLPD to 1400 KLPD** to meet rising demand driven by India’s ethanol-blending policies. The company previously increased capacity from **720 KLPD to 970 KLPD** in February 2021. The latest approval follows government incentives promoting higher ethanol use in fuels.
