# EID Parry Q1 net profit falls 42% on higher costs 2026-08-13T07:17:58+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet EID Parry, part of the Murugappa Group, reported a 42% drop in consolidated net profit for the June quarter (Q1FY27) to Rs 142 crore, down from Rs 246 crore a year ago. Consolidated revenue rose marginally by 3% to Rs 9,017 crore. The sugar segment's revenue grew 18% to Rs 410 crore on higher sales volumes, but higher operational costs and one-time expenses offset the gains. On a standalone basis, the sugar company posted a net loss of Rs 89 crore, compared to a loss of Rs 28 crore last year, including an impairment of Rs 19 crore in a subsidiary. The distillery segment saw a 14% revenue decline due to lower ENA offtake in Tamil Nadu. The Consumer Products Group revenue fell sharply to Rs 94 crore from Rs 188 crore, though operating margins improved due to a recalibrated business model. ## Coverage - thehindubusinessline.com Tags: cost pressure, EID Parry, Murugappa Group, profit decline, Q1 results, sugar industry Canonical: https://indianopinion.org/eid-parry-q1-net-profit-falls-42-on-higher-costs/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/eid-parry-q1-net-profit-falls-42-on-higher-costs/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.