EID Parry's Profits Tumble in June 2024 Quarter

EID Parry (India) Ltd reported a 16% decline in net profit to Rs 91.33 crore for the June 2024 quarter, compared to Rs 108.86 crore last year. Total income also dropped from Rs 7,015.27 crore to Rs 6,806.98 crore. The company operates in sugar and crop protection.

EID Parry (India) Ltd has announced a 16 per cent decline in consolidated net profit for the June 2024 quarter, reporting earnings of Rs 91.33 crore.

This is a drop from Rs 108.86 crore in the same period last year. Additionally, the company's total income fell to Rs 6,806.98 crore from Rs 7,015.27 crore year-over-year.

Headquartered in Chennai, EID Parry is involved in sugar and crop protection among other businesses.

(With inputs from agencies.)