EID Parry India Limited has informed the Exchange regarding Board meeting held on February 12, 2026.
EIDPARRY · price
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Awaiting price reaction for this filing.
EID Parry reported a mixed set of numbers for Q3 FY26. On a consolidated basis (which includes subsidiary Coromandel International and the newly acquired NACL Industries), revenue grew ~18% YoY to Rs. 10,316 crore while net profit attributable to owners rose to Rs. 232 crore vs Rs. 195 crore last year. For nine months FY26, consolidated revenue jumped ~24% to Rs. 30,664 crore and PAT surged ~52% to Rs. 902 crore, driven largely by the farm inputs (fertilizer and crop protection) business via Coromandel. On a standalone basis (just the sugar business), the company posted a loss of Rs. 54 crore in Q3 — narrower than the Rs. 146 crore loss a year ago — but nine-month standalone loss widened to Rs. 368 crore, inflated by a Rs. 354 crore impairment of its sugar refinery subsidiary (PSRIPL). The Board also approved sale of up to 15 lakh shares (0.51%) of subsidiary Coromandel International and noted a Rs. 9/share interim dividend from Coromandel that will bring in about Rs. 149 crore to EID Parry.
For shareholders, the standalone sugar business remains in the red, but the real value sits in subsidiary Coromandel International, whose strong performance and the NACL acquisition are driving consolidated profit growth of over 50%. The market will likely focus on the consolidated growth story rather than the sugar-segment drag. Near-term sentiment may be mildly positive given consolidated profit beat and Coromandel's dividend inflow.