E.I.D. Parry surges on reporting five-fold leap in Q4 consolidated internet earnings

E.I.D. Parry surges on reporting five-fold leap in Q4 consolidated internet earnings

by admin- Thursday, May 9th, 2019 03:54:32 PM

E.I.D. Parry (India) is currently trading at Rs. 189.55, up via four.Sixty five factors or 2.Fifty one % from its previous ultimate of Rs. 184.Ninety at the BSE.

The scrip opened at Rs. 191.70 and has touched a excessive and low of Rs. 192.85 and Rs. 189.55 respectively. So far 13440 shares had been traded at the counter.

The BSE group ‘A’ inventory of face fee Rs. 1 has touched a fifty two week excessive of Rs. 269.70 on 09-May-2018 and a fifty two week low of Rs. 177.00 on 08-Oct-2018.

Last one week excessive and low of the scrip stood at Rs. 198.Eighty and Rs. 183.30 respectively. The current marketplace cap of the organization is Rs. 3380.60 crore.

The promoters conserving inside the enterprise stood at forty four.89%, whilst Institutions and Non-Institutions held 10.54% and 44.Fifty seven% respectively.

E.I.D. Parry (India) has mentioned a upward thrust of five.50% in its net earnings at Rs 129.18 crore for the region ended March 31, 2019 as compared to Rs 122.44 crore for the same area within the preceding year. Total income of the business enterprise multiplied via 30.Eighty five% at Rs 647.Ninety one crore for Q4FY19 in comparison Rs 495.16 crore for the corresponding region previous year.

On the consolidated basis, the organisation has reported around 5-fold soar in its net profit at Rs 201.Seventy two crore for the region ended March 31, 2019 below evaluate in comparison to Rs 40.Forty eight crore for the same zone in the previous 12 months. Total income of the organization extended by eight.67% at Rs three,671.40 crore for Q4FY19 in comparison Rs 3,378.43 crore for the corresponding quarter preceding year.

For the year ended March 31, 2019, the agency has said a upward push of 61.50% in its internet profit at Rs 163.Thirteen crore in comparison to Rs a hundred and one.01 crore for the previous yr. However, total income of the agency marginally reduced by way of 4.18% at Rs 2,046.44 crore for 12 months below evaluate compared to Rs 2,a hundred thirty five.67 crore for 12 months ended March 31, 2018.

For the 12 months ended March 31, 2019, on the consolidated basis, the organisation has reported a fall of 15.Forty two% in its internet earnings at Rs 437.65 crore as compared to Rs 517.43 crore for the previous yr. However, general earnings of the employer elevated by using five.Eighty one% at Rs 16,517.82 crore for year underneath evaluate compared to Rs 15,610.Ninety nine crore for year ended March 31, 2018.

News Updates