Q1 2025 E I D-Parry (India) Ltd Earnings Call Transcript
Key Points
- Standalone revenue from operations increased by 7.58% to INR751 crore compared to the previous year.
- Alcohol sales rose from 3.4 crore liters to 3.9 crore liters year-over-year.
- The Halyal 120-KLPD distillery started operations, and the Nelly-Kuppam 45-KLPD distillery for ethanol completed initial trials.
- The consumer product group achieved a turnover of INR4,216 crore, showing a growth of 67% from the previous year.
- The refinery operations saw a significant increase in revenue to INR1,213 crore compared to INR6.8 crore in the previous year.
- Standalone loss after tax for the quarter was INR78.59 crore, higher than the loss of INR45.77 crore in the previous year.
- Overall sugar sales decreased from 1.21 lakh metric tons to 1.05 lakh metric tons due to a lower release quota.
- The recovery rate for sugar operations dropped to 8.6% from 9.0% in the previous year.
- Revenue from sugar operations declined by 25.3% to INR251 crore compared to the previous year.
- Short-term loans increased significantly due to higher working capital requirements.
Ladies and gentlemen, good day, and welcome to the EID-Parry (India) Q1 FY25 earnings call conference hosted by DAM Capital Advisors Limited. (Operator Instructions) Please note that this conference is being recorded, and I now hand the conference over to Mr. Sanjay Manyal from DAM Capital Advisors. Thank you, and over to you, sir.
Hello, everyone. We thank EID-Parry's management to -- for giving us this opportunity to host this call. On the call today, we have with us Mr. Muthiah Murugappan, Whole-Time Director and CEO; [Mr. Suresh Kandan] Whole-Time Director, Parry Refinery; Mr. Y. Venkateshwarlu, CFO; and Mr. Biswa Rath, Company Secretary. And first, I hand over the call to the management for opening remarks followed by question-and-answer session. Thank you, and over to you, sir.
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Hi, very good afternoon. Thank you,
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