EID Parry Update by Epic Research

EID Parry India is planning to commence operations at its sugar refinery at Kakinada in Andhra Pradesh in mid-June. The refinery project saw the light after a delay of nearly two years in its commencement, led by lack of gas supply. This led to a loss of Rs 120 crore to the company in the last two years on interest payments and depreciation costs.



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Posted in: Indian Market Tips