E.I.D.-Parry (India) Limited reported its financial results for the quarter and year ended March 31, 2026, with consolidated revenue rising strongly but profitability impacted by exceptional items.
The company reported consolidated revenue from operations of ₹7,882 crore for Q4 FY26, compared to ₹6,811 crore in the corresponding quarter last year, registering a growth of nearly 15.7% year-on-year.
Consolidated EBITDA for the quarter stood at ₹660 crore, excluding exceptional items of ₹478 crore, compared to ₹626 crore excluding exceptional items of ₹347 crore in the year-ago quarter.
However, the company reported a consolidated loss after tax and non-controlling interest of ₹333 crore for the quarter, against a profit of ₹286 crore in the corresponding period last year.
For the full financial year FY26, consolidated revenue from operations rose to ₹38,534 crore from ₹31,609 crore in FY25. EBITDA for the year stood at ₹3,799 crore excluding exceptional items, compared to ₹2,993 crore in the previous year. Consolidated profit after tax and non-controlling interest declined to ₹570 crore from ₹878 crore in FY25.
On the standalone front, revenue from operations for Q4 FY26 came in at ₹846 crore compared to ₹814 crore in the corresponding quarter last year. Standalone EBITDA stood at ₹244 crore excluding exceptional items, versus ₹225 crore a year earlier.
The standalone business posted a loss after tax of ₹340 crore for the quarter. The loss included provisions towards shortfall in payments of subsidiary amounting to ₹591 crore, impairment of investments in subsidiary worth ₹46 crore, impairment of property, plant and equipment of ₹138 crore, and profit on sale of investments in subsidiary of ₹298 crore.
For the full year FY26, standalone revenue stood at ₹3,120 crore compared to ₹3,168 crore in the previous year. Standalone EBITDA was ₹399 crore excluding exceptional items, compared to ₹252 crore in FY25. The standalone loss after tax for FY26 stood at ₹708 crore compared to a loss of ₹428 crore in the previous year.
The company’s Sugar & Biofuel Division remained strong during the quarter. Consolidated sugar operations, including refinery business, reported a profit before interest and tax of ₹67 crore for Q4 FY26, compared to ₹26 crore in the corresponding quarter last year.
Commenting on the performance, Whole-time Director and Chief Executive Officer Muthiah Murugappan said the sugar segment delivered better profitability due to improved realizations and cost optimisation measures.
The sugar segment reported revenues of ₹466 crore for the quarter, up from ₹408 crore in the corresponding period last year, while segment profit before interest and tax increased to ₹78 crore from ₹56 crore.
The distillery segment reported revenues of ₹275 crore during the quarter against ₹268 crore a year earlier. However, profit declined sharply to ₹2 crore from ₹20 crore due to higher input costs and lower realizations.
Meanwhile, the Consumer Products Group (CPG) segment revenue fell to ₹115 crore from ₹195 crore in the year-ago quarter. The company said the decline was due to a purposeful operating-model recalibration and channel optimisation strategy aimed at improving margins.
The nutraceuticals business reported revenue of ₹13 crore for the quarter compared to ₹10 crore in the corresponding period last year, while segment profit rose to ₹3.8 crore from ₹1.4 crore.
Disclaimer: This article is based on company filings and is intended for informational purposes only.