MANUFACTURING
EID Parry Q1 PAT Falls 42% To ₹142 Cr As EBITDA Declines; Revenue Up 3%
EID Parry (India) Ltd, one of India’s largest sugar manufacturers, reported a 42% decline in consolidated profit after tax (PAT) and non-controlling interest to ₹142 crore for the quarter ended June 30, 2026, compared with ₹246 crore in the corresponding quarter of the previous year. Consolidated revenue from operations, however, increased 3% to ₹9,017 crore […]
CW Bureau
·
Aug 12, 2026
MANUFACTURING
EID Parry Infuses ₹600 Cr Into PSRIPL To Settle Obligations Of Shut Refinery
Murugappa Group company EID Parry (India) Ltd has infused around ₹600 crore into its wholly owned subsidiary Parry Sugars Refinery India Pvt Ltd (PSRIPL) to meet debt obligations, with the company expecting to complete all loan repayments linked to the closed Kakinada sugar refinery by June 2026. The update, shared during the company’s latest earnings […]
CW Bureau
·
Jun 2, 2026
MANUFACTURING
Parry Sugars’ Kakinada Refinery Shut; EID Parry Steps In With ₹740 Cr Aid
Murugappa Group company EID Parry (India) Ltd has announced the immediate shutdown of the sugar refinery unit run by its wholly-owned subsidiary Parry Sugars Refinery India Pvt Ltd (PSRIPL) at Vakalapudi in Kakinada, citing sustained losses and a mounting debt burden. To settle the subsidiary’s liabilities following the closure, the parent company will infuse substantial […]
CW Bureau
·
Mar 31, 2026
