EID Parry India Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
EID Parry reported Q1 FY27 results with sugar segment revenue of Rs. 410 crores, up from Rs. 347 crores a year earlier, driven by higher sales volume, while consumer product group (CPG) revenue fell to Rs. 94 crores from Rs. 188 crores due to a recalibration of the business model. Management described progress on winding down the PSRIPL refinery, including settlement of bank liabilities and an in-principle SEZ exit approval, alongside a Rs. 610 crore capital infusion into the subsidiary during the quarter. Executives also discussed cane availability pressures in Tamil Nadu and Andhra Pradesh, working capital and debt levels, and updates on the Nutraceuticals and jaggery businesses.
EID Parry reported Q4 FY26 segment performance across sugar, co-generation, distillery, Nutra and consumer products, alongside completion of the closure of Parry Sugars Refinery India Private Limited operations. Sugar revenue rose about 14% year-on-year to Rs 466 crores on higher exports and release quota, while the consumer products group revenue declined about 48% due to a deliberate shift away from lower-margin staples. Management detailed the funding and repayment schedule for PSRIPL's bank loan obligations and outlined capital allocation priorities toward the CPG segment for FY27.