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E.I.D. Parry Reports Decline in Profit Amid Operational Challenges

Chennai-based E.I.D. Parry India Ltd reported a consolidated profit of Rs 294.30 crore for Q1 2024, down from last year. Challenges included higher cane costs and no exports. The total income decreased to Rs 5,680.02 crore for the quarter. Nutraceuticals saw recovery, but overall profits fell.

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