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EID Parry widens net loss to Rs 192.79 crore in Q1

05 Aug 2015 Evaluate

EID Parry India has reported results for first quarter ended June 30, 2015.

The company has reported a net loss of Rs 133.81 crore for the quarter ended June 30, 2015 as compared to a net loss of Rs 26.61 crore for the same quarter in the previous year. The company’s total income has decreased by 25.72% to Rs 488.26 crore for the quarter under review, from Rs 657.35 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 66.87% rise in its net loss of Rs 192.79 crore for the quarter ended June 30, 2015 as compared to a net loss of Rs 43.80 crore for the same quarter in the previous year. Total income of the company has increased by 8.77% at Rs 2826.69 crore for quarter under review as compared to Rs 2598.82 crore for the quarter ended June 30, 2014.

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