The company announced the results after market hours on Wednesday, 25 April 2012.
Meanwhile, the BSE Sensex was down 22.37 points or 0.13% to 17,128.92.
On BSE, 16,008 shares were traded in the counter as against average daily volume of 76,509 shares in the past one quarter.
The stock hit a high of Rs 190 and a low of Rs 182.30 so far during the day. The stock had hit a 52-week high of Rs 279 on 28 July 2011. The stock had hit a 52-week low of Rs 176 on 20 December 2011.
The mid-cap stock had underperformed the market over the past one month till 25 April 2012, falling 5.95% compared with the Sensex's 1.21% fall. The scrip had also underperformed the market in past one quarter, declining 12.58% as against Sensex's 0.43% rise.
The company has an equity capital of Rs 17.36 crore. Face value per share is Re 1.
EID Parry (India)'s consolidated net profit rose 0.1% to Rs 312.70 crore on 33.9% growth in net sales to Rs 12355.48 crore in the year ended 31 March 2012 over the year ended 31 March 2011.
EID Parry (India)'s board of directors at a meeting held on Wednesday, 25 April 2012, approved a scheme of arrangement pursuant to which the Sankili and Haliyal undertakings of Parrys Sugar and Industries (PSIL), the company's subsidiary, would be merged into the company with effect from 1 April 2012. This is subject to various statutory and regulatory approvals.
Upon this scheme becoming effective, EID Parry (India) will issue equity shares of the company to the shareholders of PSIL in the ratio of 5 shares of Re 1 each fully paid for every 19 shares of Rs 10 each fully paid, held by them in PSIL.
EID Parry (India) is engaged in the manufacture and marketing of a wide-range of products such as sugar, bio-products and nutraceuticals.