E.I.D.-Parry (India) Limited announced the approval of its Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended December 31, 2025, on February 12, 2026. Consolidated revenue grew significantly, while the Sugar division faced margin pressures. The company also highlighted strategic progress across its Distillery, Consumer Product Group, and Nutra segments, emphasizing operational efficiency and brand expansion.
Financial Performance for Q3 FY2026
E.I.D.-Parry (India) Limited declared its financial results for the quarter and nine months ended December 31, 2025. The Board approved both the Unaudited Standalone and Consolidated Financial Results at its meeting on February 12, 2026.
Consolidated Results Summary (Q3 FY2026 vs. Previous Year Q3)
The consolidated performance showed robust top-line growth:
- Revenue from operations for the quarter stood at Rs. 10,316 Crore, up from Rs. 8,720 Crore year-over-year (YoY).
- EBITDA for the quarter was Rs. 895 Crore, compared to Rs. 811 Crore in the corresponding quarter last year.
- Consolidated Profit After Tax (PAT) attributable to non-controlling interest was Rs. 232 Crore, compared to Rs. 195 Crore YoY.
For the nine-month period ending December 31, 2025:
- Consolidated revenue was Rs. 30,664 Crore (vs. Rs. 24,797 Crore).
- EBITDA reached Rs. 3,139 Crore (vs. Rs. 2,367 Crore).
- Consolidated PAT was Rs. 902 Crore (vs. Rs. 592 Crore).
Standalone Performance Snapshot (Q3 FY2026 vs. Previous Year Q3)
Standalone figures indicated a loss for the quarter, impacted by exceptional items:
- Standalone revenue was Rs. 773 Crore, down from Rs. 848 Crore YoY.
- Standalone Loss After Tax for the quarter was Rs. 54 Crore, compared to a loss of Rs. 146 Crore in the previous year (which included a Rs. 77 Crore impairment provision).
- Standalone Loss Before Tax (excluding the exceptional item of Rs. 77 Crores) improved to a loss of Rs. 13 Crore, better than the Rs. 19 Crore loss last year.
Segment Highlights (YTD Dec ’25 vs. YTD Dec ’24)
Sugar Segment
The Sugar division faced continued margin challenges. The consolidated segment reported a Loss Before Interest and Tax (PBIT) of Rs. (30) Crore for the quarter, compared to a loss of Rs. (59) Crore previously. Standalone retail realization improved to INR 40.5/Kg, while overall volume dropped by 13% (2.70 LMT vs. 3.10 LMT) due to lower release orders.
Farm Inputs/Coromandel (Excluding CIL)
Performance in the consolidated segments excluding CIL showed improvements:
- Farm Inputs (Coromandel, excluding CIL consolidation) reported a PBIT of Rs. 741 Crore for the quarter, an improvement from Rs. 717 Crore YoY.
- The consolidated Nutraceuticals Division reported a PBIT loss of Rs. (2) Crore, better than the Rs. (5) Crore loss in the prior year.
Distillery Operations
Distillery performance showed growth, staying agile with policy changes:
- Distillery volume grew at a 28% CAGR, reaching 1,619 LL in FY’25.
- YTD Dec ’25 performance saw total volume at 1230 LL with realization improving by 5% to Rs. 67.75/Ltr, driven by better ENA pricing and retaining portfolio mix.
Consumer Products Group (CPG)
The CPG segment focused on premiumization despite volume reduction:
- Sweetener Category retail sales value grew significantly to Rs. 1,49,757 Cr in FY’25 (CAGR 30% Value).
- YTD Dec ’25 retail sales volume dropped by 34% due to strategic reduction in bulk sales and channel restructuring. However, realization improved by 10% to INR 44.49/Kg.
- The company is focusing on Browns and Premium segments, with Brown volumes growing 5% YoY.
- The Non-Sweetener (Staples) Sales Value increased to Rs. 291 Cr in FY’25, though YTD volume dropped 28% due to restructuring.
Refinery Business & Operational Efficiencies
The Refinery Business maintained cost efficiency:
- YTD Dec ’25 Revenue from Operations was USD 319.68 Mn (vs. USD 386.72 Mn in YTD Dec ’24).
- PBT after adjustments improved to USD 3.16 Mn compared to a loss of USD (2.30) Mn previously. This was attributed to Higher Spread + Cash Premium and Lower Refining cost due to energy efficiency initiatives.
Corporate Highlights & Future Focus
The management detailed four key strategies:
- Focus on Cane Volume: YTD Dec ’25 Cane Crushed was 21.11 LMT (4% increase YoY) with Gross Recovery at 10.31% (6% increase YoY).
- Multi Feed & Multi Product Distilleries: Focus on staying agile with policy changes regarding Ethanol diversion (expected at 34 LMT for SY 25-26).
- Expand Institutional Business: Institutional Sales Volume increased by 1% to 158,993 MT, with realization up 6% to INR 40.84/Kg.
- Grow Consumer Product Group: Leverage brand for growth in staples and premium sweeteners.
The company maintains a strong operational base with six sugar factories and a dedicated focus on expanding its footprint beyond sugar into comprehensive Food, Nutrition, and Bioenergy.
Source: BSE
