EID Parry (India) Ltd has posted a growth of 59 per cent to Rs 267.04 crore for the quarter ended March 31, 2016, as compared to Rs 168.37 crore during the same quarter of previous fiscal year.
The total income stood at Rs 4,410.05 crore during the quarter as compared to Rs 3,685.04 crore during the corresponding quarter of previous fiscal year, an increase of 20 per cent.
The Board of Directors of the company has recommended the shareholders to consider the issue of non convertible debentures in one or more tranches aggregating to Rs 300 crore on private placement basis, at the upcoming Annual General Meeting of the Company.
