EID Parry narrows loss to 28cr in Q1

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CHENNAI: Sugar manufacturer EID Parry on Wednesday narrowed standalone loss at Rs 28 crore in quarter ended June 30, 2025. The company, which is part of Murugappa group, reported a loss of Rs 79 crore in corresponding quarter last year.Muthiah Murugappan, CEO, EID Parry said, revenue from sugar segment for Q1 was at Rs 347 crore against Rs 404 crore in same quarter of last year, registering a de-growth of 14% due to lower release quota.



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Source: Times of India

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