E.I.D. Parry (India) Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The company’s Board of Directors approved the Audited Standalone and Consolidated Financial Results today, May 26, 2026. Key highlights include the company’s performance across its business verticals, with a focus on strategic reset, cost management, and portfolio optimization. The announcement also details the upcoming 51st Annual General Meeting scheduled for August 12, 2026.
Board Approves Audited Financial Results
The Board of Directors of E.I.D. Parry (India) Limited, at its meeting held on May 26, 2026, has approved the Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026. This announcement follows a previous intimation on May 18, 2026, regarding the board meeting date.
Key Financial Highlights
The audited financial results for the quarter and year ended March 31, 2026, have been presented. In connection with this approval, the company has enclosed the Audited Standalone Financial Results, Audited Consolidated Financial Results, and the Audit Reports issued by M/s. Price Waterhouse Chartered Accountants LLP, the Statutory Auditors. A press release summarizing the audited financial results for the year ended March 31, 2026, is also enclosed. The company declared that the Statutory Auditors have issued an unmodified opinion on these results.
Standalone Performance Review
For the quarter and year ended March 31, 2026, the standalone revenue from operations was Rs. 846 Crore and Rs. 3,120 Crore respectively. Earnings before interest, tax, depreciation, and amortization (EBITDA) stood at Rs. 244 Crore for the quarter and Rs. 399 Crore for the year. The standalone loss after tax for the quarter was Rs. 340 Crore, and for the year, it was Rs. 708 Crore.
Consolidated Performance Overview
On a consolidated basis, revenue from operations for the quarter ended March 31, 2026, reached Rs. 7,882 Crore, while the year ended March 31, 2026, saw consolidated revenue of Rs. 38,534 Crore. The consolidated loss after tax and non-controlling interest was Rs. (333) Crore for the quarter and Rs. 570 Crore for the year.
Operational Updates and Segment Performance
The company provided updates on its operational performance across various segments. In the Sugar & Biofuels segment, efforts focused on driving efficiency and cost management. The Consumer Products Group underwent a strategic reset, prioritizing value-added segments. The Nutraceuticals business aimed to regain market share and expand into new product segments. Notably, the company has decided to exit the Parry Sugars & Refinery business due to operational challenges and structural unviability.
Strategic Focus Areas for FY27
Looking ahead to FY27, E.I.D. Parry has outlined its strategic priorities under ‘Disciplined Renewal’. These include strengthening core business verticals, driving margin improvement, enhancing working capital management, and accelerating digital transformation. An investment in a new state-of-the-art Jaggery facility in Karnataka is also underway, expected to be commissioned by the end of FY ’27 Q3.
Annual General Meeting Details
The 51st Annual General Meeting (AGM) of the Members of the Company is scheduled to be held on Wednesday, August 12, 2026, through Video Conferencing or other Audio-Visual Means.
Investor Presentation Enclosed
A copy of the Investor Presentation for the quarter and year ended March 31, 2026, has been enclosed for information and records.
Source: BSE
