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EID Parry (India) Ltd Q1FY24; 34% fall in Profits

EID Parry is engaged in Sugar, Nutraceuticals and ethanol production. It also has a significant presence in the Farm Inputs business including Bio pesticides through its subsidiary, Coromandel International Limited.

Financial Results:

EID Parry (India) Ltd reported Revenues for Q1FY24 of ₹7,026.00 Crores down from ₹7,146.00 Crore year on year, a fall of 1.68%.

Total Expenses for Q1FY24 of ₹6,539.00 Crores down from ₹6,586.00 Crores year on year, a fall of 0.71%.

Consolidated Net Profit of ₹325.00 Crores down 34.21% from ₹494.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹6.13, down 60.63% from ₹15.57 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Sugar
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