EID Parry India Limited has announced its unaudited financial results for the second quarter of the fiscal year 2025, reflecting steady revenue growth and a slight decline in profitability.
Key Financial Highlights for Q2 FY25:
- Revenue from Operations: The company reported revenue from operations of ₹9,330.35 crore, a 3% year-over-year (YoY) increase from ₹9,059.48 crore in Q2 FY24. Sequentially, revenue grew by 38.4% from ₹6,746.79 crore in Q1 FY25.
- Total Income: Total income, including other income, amounted to ₹9,399.73 crore, up by 2% YoY from ₹9,210.31 crore in Q2 FY24 and a sequential increase of 38% from ₹6,806.98 crore in Q1 FY25.
- Profit Before Tax (PBT): PBT stood at ₹810.93 crore, down from ₹1,032.82 crore in Q2 FY24 but showing improvement from ₹327.41 crore in Q1 FY25.
- Net Profit: Net profit for Q2 FY25 was ₹591.66 crore, a YoY decline of 24% from ₹781.87 crore in Q2 FY24, though it rose significantly from ₹225.87 crore in Q1 FY25.
Analysis and Outlook
While EID Parry’s revenue growth remains robust, the drop in net profit indicates increased costs and pressure on margins. The quarter’s performance is marked by sequential recovery in profit figures, but YoY profitability shows a decrease, suggesting cost management will be essential moving forward.
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