[November 17, 2005]
Shree Renuka Sugars FY05 Net Up 232%

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Shree Renuka Sugars has reported impressive results for the year ended
30th September, 2005. Total Income for the year stood at Rs.6415.46 million (Rs.2274.62 million), an increase of 182% over the previous year. Profit Before Tax for the year was Rs.490.16 million (Rs.151.74 million) while Net Profit stood at Rs.407.33 million (Rs.122.71 million), an increase of 232% over the previous year.

The Earnings per Share for the year stood at Rs.23.79 (Rs.9.05). The Board of Directors has recommended dividend of Rs.2 per Share. The Total Consolidated Income of the Company along with its subsidiary stood at Rs.7978.01 million while Consolidated Net Profit was Rs.561.04 million. The consolidated Earnings Per Share for the year stood at Rs 32.76

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