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EID Parry to sell Sivagangai distillery unit for ₹45.9 crore, reports 40% decline in Q2 profit

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EID Parry to sell Sivagangai distillery unit for ₹45.9 crore, reports 40% decline in Q2 profit
Photo / Coverage: The Hindu Business Line
EXECUTIVE SUMMARY

Revenue from the sugar segment rose 32 per cent to ₹486 crore, supported by higher sales volumes and better realisations, said Muthiah Murugappan, Whole-time Director and CEO

Key Takeaways

  • EID Parry to sell Sivagangai distillery unit for ₹45.9 crore, reports 40% decline in Q2 profit.

Revenue from the sugar segment rose 32 per cent to ₹486 crore, supported by higher sales volumes and better realisations, said Muthiah Murugappan, Whole-time Director and CEO

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Published originally on The Hindu Business Line

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