EID Parry India Limited — Important, 28-05-2025: General Updates
28-05-2025 | 03:20 pm
28-05-2025 | 03:20 pm
E.I.D.-Parry has announced a board meeting on May 27, 2025, to approve the financial results for the quarter and half-year. Consolidated revenue rose 23% YoY to Rs. 6,811 Cr, with EBITDA (excluding exceptional items) up 8% to Rs. 626 Cr and PAT at Rs. 287 Cr. Sugar division saw a 13% revenue decline and swung to a loss of Rs. 86 Cr due to higher cane costs and lower volumes. Distillery and Consumer Products posted strong revenue growth of 38% and 65% respectively, while Nutraceuticals narrowed losses. The company plans a Rs. 350 Cr investment in its subsidiary to boost capacity and is pivoting from sugar to a diversified food, nutrition, and bioenergy portfolio.
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