E.I.D. Parry surges on reporting 5-fold jump in Q4 consolidated net profit

E.I.D. Parry (India) is currently trading at Rs. 189.55, up by 4.65 points or 2.51 % from its previous closing of Rs. 184.90 on the BSE.

The scrip opened at Rs. 191.70 and has touched a high and low of Rs. 192.85 and Rs. 189.55 respectively. So far 13440 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 269.70 on 09-May-2018 and a 52 week low of Rs. 177.00 on 08-Oct-2018.

Last one week high and low of the scrip stood at Rs. 198.80 and Rs. 183.30 respectively. The current market cap of the company is Rs. 3380.60 crore.

The promoters holding in the company stood at 44.89%, while Institutions and Non-Institutions held 10.54% and 44.57% respectively.

E.I.D. Parry (India) has reported a rise of 5.50% in its net profit at Rs 129.18 crore for the quarter ended March 31, 2019 as compared to Rs 122.44 crore for the same quarter in the previous year. Total income of the company increased by 30.85% at Rs 647.91 crore for Q4FY19 as compared Rs 495.16 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported around 5-fold jump in its net profit at Rs 201.72 crore for the quarter ended March 31, 2019 under review as compared to Rs 40.48 crore for the same quarter in the previous year. Total income of the company increased by 8.67% at Rs 3,671.40 crore for Q4FY19 as compared Rs 3,378.43 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a rise of 61.50% in its net profit at Rs 163.13 crore as compared to Rs 101.01 crore for the previous year. However, total income of the company marginally decreased by 4.18% at Rs 2,046.44 crore for year under review as compared to Rs 2,135.67 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a fall of 15.42% in its net profit at Rs 437.65 crore as compared to Rs 517.43 crore for the previous year. However, total income of the company increased by 5.81% at Rs 16,517.82 crore for year under review as compared to Rs 15,610.99 crore for year ended March 31, 2018.

The post E.I.D. Parry surges on reporting 5-fold jump in Q4 consolidated net profit appeared first on Udaipur News | Udaipur Latest News | udaipur local news.

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