Financial Daily from THE HINDU group of publications
Friday, Apr 29, 2005

News
Features
Stocks
Port Info
Archives
Google

Group Sites

Corporate Results - Sugar


EID Parry net jumps 60 pc in fourth quarter

Our Bureau

Chennai , April 28

EID Parry (India) Ltd has reported a net profit of Rs 36.54 crore on income of Rs 291.92 crore for the fourth quarter ended March 2005. During the corresponding previous period, the company reported net profit of Rs 22.81 crore on an income of Rs 212.42 crore.

For the whole year, the company has reported a net profit of Rs 104.26 crore (Rs 43.23 crore) on income from operations of Rs 819.13 crore (Rs 641.45 crore). The board has recommended a dividend of Rs 12.50.

According to a release, the company plans to sub-divide each share of Rs 10 face value into five equity shares of Rs 2 each.

The sugar division, which contributes nearly 70 per cent of the company's turnover, has demonstrated strong growth with sugar prices buoyant and higher capacity utilisation. Its profits before tax doubled during the year to Rs 70.12 crore (Rs 34.58 crore).

Parryware, the sanitaryware division, launched a host of new products and colours, which have helped it to sustain its market share and growth.

Its new production facility coming up in Erode district in Tamil Nadu is progressing according to schedule, the release said.

Profits of the bio-products division have trebled to Rs 3.89 crore (Rs 1.32 crore). The NeemAzal neem-based pesticide range is getting wider acceptance, the release said.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page


Stories in this Section
Bharti Tele-Ventures Q4 net rises 44 pc


Alfa Laval Q1 net, sales up
BHEL clocks 34 pc higher profit
Ennore Foundries nets Rs 13.08 cr profit
Indo Gulf net falls to Rs 14.91 crore
Ircon's PBT up 24 pc at Rs 98 cr
VAT uncertainty, US ruling drive down Ranbaxy's Q1 net by 63%
Suven Life posts lower net in Q4
GlaxoSmithKline Q1 net up 35 pc
Granules India turnover up 6 pc
Varun Shipping net rises 128 pc; to pay 20 pc final
EID Parry net jumps 60 pc in fourth quarter
Raymond Q4 net falls on rise in input costs
Jindal Saw posts Rs 27 cr net in Q2
NDTV net rises 152 pc
TV 18 nets Rs 10 cr profit
Leyland turnover crosses $1 b; net up 40 pc
Eveready Industries nets Rs 46.31 crore profit
Moser Baer profit slumps 66.6 pc
KPIT Cummins consolidated net up
Subex net up at Rs 26 cr
Dabur India clocks 58% higher profit
Pantaloon Retail Q3 net zooms


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line