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EID Parry reports 16% fall in Q2 consolidated net profit

09 Nov 2021 Evaluate

EID Parry (India) has reported results for second quarter ended September 30, 2021.

The company has reported a fall of 44.31% in its net profit at Rs 73.19 crore for the quarter under review as compared to Rs 131.43 crore for the same quarter in the previous year. Total income of the company decreased by 25.64% at Rs 555.14 crore for Q2FY22 as compared Rs 746.58 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 16.41% in its net profit at Rs 470.35 crore for the quarter under review as compared to Rs 562.70 crore for the same quarter in the previous year. However, total income of the company increased by 19.74% at Rs 7004.88 crore for Q2FY22 as compared Rs 5849.87 crore for the corresponding quarter previous year.

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