EID Parry announces Q2, H1 results
14-Nov-2024 08:28 PM 6545
Chennai, Nov 14 (Reporter) E.I.D.-Parry (India) Limited, one of the largest manufacturers of Sugar in India, has reported financial results for the quarter and half year ended 30th September 2024. The consolidated revenue from operations for the quarter ended 30th September 2024, was Rs. 9,330 Crore registering an increase of 3% in comparison to the corresponding quarter of the previous year of Rs. 9,059 Crore. Earnings before interest, tax, depreciation and amortisation (EBITDA) for the quarter was Rs. 1,028 Crore registering a decrease of 14%. The Consolidated profit after tax and non-controlling interest was Rs. 305 Crore as compared to Rs. 452 Crore in the corresponding quarter of the previous year. The consolidated revenue from operations for the half year ended 30th September 2024 was Rs.16,077 Crore as against Rs. 16,086 Crore in the corresponding period of the previous year. The Standalone revenue from operations for the quarter was Rs. 755 Crore in comparison to the corresponding quarter of previous year of Rs. 726 Crore. Earnings before interest, tax, depreciation and amortisation (EBITDA) for the quarter ended 30th September 2024 was Rs. 75 Crore in comparison to the corresponding quarter of the previous year of Rs. 131 Crore. The standalone profit after tax for the quarter was Rs. 28 Crore as compared to Rs. 86 Crore in the corresponding quarter of the previous year. The Standalone revenue from operations for the half year was Rs. 1,506 Crore as against Rs. 1,424 Crore in the corresponding period of previous year. Earnings before interest, tax, depreciation and amortisation (EBITDA) for the half year ended 30th September 2024 was Rs. 46 Crore against Rs. 116 Crore in the corresponding period of the previous year. Standalone Loss after tax for the half year was Rs. 50 Crore as compared to a Profit of Rs. 40 Crore in the corresponding period of the previous year...////...
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