Chennai : Sugar major EID Parry (India) gave the bitter news of posting a net loss of Rs 45.77 crore for the first quarter of FY24.
In a regulatory filing, EID Parry said during the first quarter of FY24 it had logged an operational income of Rs 698.41 crore (Q1FY23 Rs 719.07 crore) and a net loss of Rs 45.77 crore (net profit of Rs 13.14 crore).
Barring the company’s distillery division that had posted a segmental profit of Rs 23.89 crore, all other divisions -– sugar, cogeneration and nutraceuticals registered a loss Rs 40.76 crore, Rs 32.64 crore and Rs 3.64 crore, respectively.
Related Posts
iPhone sales down 10 pc in March quarter, Apple stock up after $110 billion buyback
India, New Zealand to strengthen links in pharma, agriculture sectors
Mizoram reports record GST collections in April, 4 NE states see negative growth