EID Parry shares trade higher after Q4 profit soars 83% YoY; check details

The company said that it has reported a consolidated profit after tax of ₹539.44 crore for the quarter under review. It had registered a profit after tax of ₹294.30 crore in the same quarter of the last financial year.

This translates to a growth of 83.2% on a year-on-year (YoY) basis.

For the year ending March 31, 2025, the net profit went up to ₹1,772.54 crore from ₹1,617.37 crore registered a year ago.

The consolidated total income for the March quarter grew to ₹6,923.56 crore from ₹5,680.02 crore registered a year ago.

For the financial year ending March 31, 2025, the consolidated total income went up to ₹31,967.79 crore from ₹29,716.92 crore registered a year ago.

Commenting on the financial performance, the company's full-time Director and Chief Executive Officer (CEO) Muthiah Murugappan said the revenues of the sugar segment for the year were at ₹1,571 crore as against ₹1,809 crore in the previous year, registering a de-growth of 13% due to lower crushing which led to lower sugar production.

The revenue of the distillery segment for the year ending March 31, 2025, was ₹1,102 crore as against ₹799 crore recorded in the previous year, registering a 38% growth, the CEO said.

The consumer products group delivered revenues of ₹884 crore, up by 65% over the previous year at ₹535 crore, aided by an expanded product portfolio with the launch of branded staples, Murugappan said.

About EID Parry

EID Parry is a company operating in the sweeteners and nutraceuticals space. Headquartered in ‘Dare House’, a heritage building, in Chennai, India, the company is a part of the ₹778 billion Murugappa Group, one of India’s leading business conglomerates. It was founded in 1788.

As per the company's website, EID Parry was the first sugar company in India to manufacture sugar in 1842 and is amongst the earliest sugar manufacturers in the world.

Last seen, the stock was trading at ₹991.25, up 0.62%.