EID Parry (India) Limited, one of the largest manufacturers of Sugar in India, posted robust financial and operating performance for the Quarter ended 30th June 2012.

The standalone turnover of EID Parry for the Quarter was Rs. 5.76bn (Corresponding quarter of Previous Year: Rs. 3.97bn), with an EBITDA of Rs. 653.5mn (Corresponding quarter of Previous Year: Rs. 243.3mn) and PAT of Rs. 224.7mn (Corresponding quarter of Previous Year: Loss of Rs. 71.8mn).

The consolidated turnover for the quarter ended 30th June, 2012 was Rs. 2666.27 Crore (Corresponding quarter of Previous Year: Rs. 2488.93 crore) and Profit after Tax before Minority Interest of Rs. 106.01 Crore (Corresponding quarter of Previous Year: Rs. 95.50 Crore).

Sugar Division
EID Parry crushed 16.44 lakh MT of sugarcane (Corresponding quarter of Previous Year: 12.96 Lakh MT) during the quarter, registering a growth of 27%.  The consolidated sugarcane crushing is 18.16 lakh MT (Corresponding quarter of Previous Year: 15.20 Lakh MT) for the quarter, registering a growth of 19%.

EID Parry exported Power of 1,111 lakh units (Corresponding quarter of Previous Year: 1,005 Lakh units) for the quarter. The consolidated Power export was 1,346 lakh units (Corresponding quarter of Previous Year: 1,199 Lakh units) for the current quarter, registering a growth of 12% over the previous quarter.

As a standalone entity, the Company’s Sugar Division reported a PBIT of Rs. 45.36 Crore (Corresponding quarter of Previous Year: Loss of Rs. 0.25 Crore)

The Consolidated Sugar Division reported a PBIT of Rs. 39.54 crore (Corresponding quarter of Previous Year: Loss of Rs. 7.84 crore) for the quarter.