Sugar manufacturer EID Parry (India) Ltd reported a ₹2,860 crore loss after tax for Q2 FY2025, despite generating ₹7,540 crore in revenue from operations. The results reflect margin pressures and sectoral headwinds, even as the company maintains its leadership in the Indian sugar industry.
EID Parry’s Q2 Results Reveal Profit Strain Amid Revenue Growth
EID Parry (India) Ltd, a leading player in India’s sugar sector, announced its financial results for the second quarter of FY2025, ending September 30. The company posted a revenue of ₹7,540 crore from operations, but recorded a substantial loss after tax of ₹2,860 crore, signaling operational challenges and cost pressures.
The company’s performance was impacted by volatile sugar prices, higher input costs, and subdued ethanol margins. Despite the revenue uptick, profitability took a hit due to lower realizations and inventory valuation adjustments. Analysts note that the loss may also reflect strategic provisioning and restructuring efforts.
Key highlights
-
Revenue from operations stood at ₹7,540 crore for Q2 FY2025
-
Loss after tax widened to ₹2,860 crore, reflecting margin stress
-
Sugar price volatility and ethanol margin compression affected profitability
-
Company remains a key player in India’s agribusiness and bio-energy sectors
Sources: CNBC TV18, Moneycontrol, EID Parry Investor Relations