E.I.D Parry gains on reporting 22% rise in Q3 consolidated net profit
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Parry (India) is currently trading at Rs. 531.00, up by 9.00 points or 1.72% from its previous closing of Rs. 522.00 on the BSE.
The scrip opened at Rs. 512.00 and has touched a high and low of Rs. 532.15 and Rs. 512.00 respectively. So far 5629 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 673.30 on 20-Oct-2022 and a 52 week low of Rs. 386.05 on 22-Feb-2022.
Last one week high and low of the scrip stood at Rs. 533.20 and Rs. 506.15 respectively. The current market cap of the company is Rs. 9368.49 crore.
The promoters holding in the company stood at 44.55%, while Institutions and Non-Institutions held 16.08% and 39.37% respectively.
E.I.D Parry has reported fall of 13.72% in its net profit at Rs 15.78 crore for third quarter ended December 31, 2022 (Q3FY23) as compared to Rs 18.29 crore for the corresponding quarter previous year. However, total income of the company increased by 5.08% to Rs 742.09 crore for the quarter under review as compared to Rs 706.24 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported rise of 22.08% in its net profit at Rs 481.60 crore for Q3FY23 as compared to Rs 394.51 crore for the same quarter in the previous year. Total income of the company increased by 50% to Rs 9855.36 crore for the quarter under review as compared to Rs 6570.76 crore for the same quarter in the previous year.
