Chennai: Sugar manufacturing major EID-Parry (India) Limited has reported its financial results for the quarter and nine months ended 31 December 2018.
On a standalone basis, revenue from continuing operations for the quarter was Rs 479 crore in comparison to the corresponding quarter of previous year of Rs 424 crore.
Profit before depreciation, interest and taxes and amortization (EBITDA) and before exceptional item from continuing operations for the quarter was Rs 10 crore in comparison to the corresponding quarter of previous year of Rs 54 crore.
Standalone loss after tax from continuing operations for the quarter was Rs 31 crore as against Rs 88 crore in corresponding quarter of previous year. While the profit after tax from the discontinued operations was nil for the quarter as compared to profit of Rs 5 crore in the corresponding quarter of the previous year.
Revenue from continuing operations for the nine months ended 31 December 2018 was Rs 1,286 crore in comparison to Rs 1,510 crore.
The profit after tax from the discontinued operations was Rs 136 crore for as compared to Rs 6 crore in the corresponding nine months ended of the previous year.