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EID Parry (India) Ltd Q2FY24; 38% rise 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 Q2FY24 of ₹9,059.00 Crores down from ₹11,326.00 Crore year on year, a fall of 20.02%.

Total Expenses for Q2FY24 of ₹8,181.00 Crores down from ₹10,549.00 Crores year on year, a fall of 22.45%.

Consolidated Net Profit of ₹782.00 Crores up 38.41% from ₹565.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹25.48, up 87.35% from ₹13.60 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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