EID Parry India Limited has informed the Exchange about General Updates
EIDPARRY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
EID Parry India Limited reported standalone loss after tax of Rs. 34,039 lakhs for Q4 FY26 and a full-year net loss of Rs. 68,571 lakhs, primarily due to exceptional items totaling Rs. 82,976 lakhs. Key exceptional items include Rs. 40,060 lakhs impairment of investment in subsidiary Parry Sugars Refinery India Private Limited (PSRIPL), Rs. 59,132 lakhs provision for financial guarantee obligations towards PSRIPL lenders, Rs. 13,769 lakhs impairment of property plant and equipment, partially offset by Rs. 29,764 lakhs gain on sale of Coromandel International Limited shares. Revenue from operations declined ~1.5% YoY to Rs. 3,12,026 lakhs. The consolidated results (including Coromandel International) show net profit. Statutory auditors issued an unmodified opinion on both standalone and consolidated results. The PSRIPL refinery unit was closed on March 31, 2026 due to sustained operational and financial difficulties.
The large exceptional charges and standalone net loss are negative for standalone earnings, but the disposal of Coromandel shares and consolidated profitability may provide some cushion. The financial guarantee provision of Rs. 5,913 crore for PSRIPL is a significant contingent liability shareholders should monitor.