EID Parry (India) Limited, one of the largest manufacturers of sugar in India, and part of the USD 4.4 billion Murugappa Group, posted sustained performance for the Quarter ended 31st March 2013.
The standalone turnover of EID Parry for the Quarter was Rs. 634.69 Crores (Corresponding quarter of Previous Year: Rs. 462.37 Crore), with an EBITDA of Rs. 156.63 Crore (Corresponding quarter of Previous Year: Profit of Rs.179.67 crores).
The standalone for the Quarter includes the full year numbers of Haliyal and Sankili, the demerged units of Parry Sugar Industries Limited (PSIL).
The consolidated turnover for the quarter ended 31st March 2013 was Rs. 2599.26 Crore (PY: Rs. 3585.28 crore) and Profit after Tax before Minority Interest was Rs.94.66 Crore (PY: Profit of Rs. 172.37 Crore).
The Consolidated Sugar operations reported a Profit of Rs. 163.34 crore (PY: Profit of Rs. 158.35 crore) at the PBIT level for the quarter.
Bio-products Division (comprising of Bio-Pesticides and Nutraceuticals) registered a PBIT of Rs. 12.18 Crore (PY: Rs. 6.40 Crore) for the quarter.