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EID Parry reports Rs 339 crore Q3 standalone profit vs loss a year ago

Standalone revenue flat at Rs 439 cr, consolidated up 15%

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Cane crush is expected to be marginally better than the last sugar year in Karnataka, while it is expected to be almost similar to the last year number for Tamil Nadu and Andhra Pradesh regions.

T E Narasimhan Chennai

3 min read Last Updated : Feb 08 2021 | 8:53 PM IST

EID Parry (India) Limited, one of the largest manufacturers of sugar in India and part of Murugappa Group, has reported a standalone Profit of Rs 339 Crore during the quarter ended December 31, 2020 as against a loss of Rs 20 Crore during the same period last year.

Revenue from operations for the quarter ended December 31, 2020 was Rs 439 crore in comparison to the corresponding quarter of previous year of Rs 437 Crore, a year ago.

Consolidated revenue from operations for the quarter ended December 31, 2020 was up 15 per cent at Rs 4,701 crore, from Rs 4,082 crore

Topics : EID Parry Q3 results Murugappa Group sugar production sugar firms Sugar prices