EID Parry India Limited has informed the Exchange about General Updates
EIDPARRY · price
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EID Parry's board approved audited Q4 and FY25 results (year ended March 31, 2025) along with a Rs. 350 crore investment in wholly owned subsidiary Parry Sugars Refinery India Pvt Ltd (PSRIPL) aimed at debt reduction. Standalone revenue grew ~12.8% YoY to Rs. 3,168.12 crores, but the company swung to a net loss of Rs. 231.70 crores in FY25 (vs profit of Rs. 80.27 crores in FY24), mainly due to a Rs. 427.15 crores exceptional impairment of its investment in PSRIPL. Q4 FY25 standalone loss stood at Rs. 146.26 crores. The distillery and consumer products segments drove growth while sugar and co-generation remained under pressure. Price Waterhouse issued an unmodified opinion, but the consolidated report carries an emphasis of matter on step-down subsidiary Parry International DMCC, which has negative equity and a working capital deficit. A new secretarial auditor was appointed for 5 years, and the 50th AGM is set for August 6, 2025.
The Rs. 427 crore impairment is a one-time, non-cash charge that depresses reported earnings but does not affect operating performance or cash flow materially. Shareholders should watch the weak sugar segment results, the Rs. 350 crore equity infusion into the loss-making PSRIPL, and the going-concern flag on the small step-down subsidiary Parry International DMCC.