E I D Parry India : Press Release – 05.08.2016

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IIP RYS

August 5, 2016

E.I.D. - Parry (India) Limited

Regd.Office : Dare House, 234,N.S.C. Bose Road, Parrys Corner, Chennai 600 001, India. Tel :[phone] Fax :[phone] I25340858

CIN :L24211TN197SPLC006989

Website :www.eidparry.com

National Stock Exchange of India Ltd Exchange Plaza, SthFloor

Plot No.C/1, G. Block

Bandra Kurla Complex, Bandra (E)M um b ai -400 051

BSE Limited

Phiroze Jeejeebhoy Towers Dalal Street, Fort,

Mumbai - 400 001.

Scrip Code: EIDPARRY Scrip Code No: 500125

Dear Sirs,

We enclose a copy of Press Release issued in connection with Unaudited Standalone Financial Results of the company for the quarter ended June 30, 2016 approved by the Board today.

Yours faithfully

G::t

For E.I.D.- PARRY (INDIA) LIMITED

Company Secretary

Encl.: a/a

mP,4!+ · RYS

E.I.D. - Parry (India) Limited

Regd.Office :Dare House, 234,N.S.C. Bose Road, Parrys Corner, Chennai 600 001, India. Tel: [phone] Fax :[phone] I25340858

CIN :L24211TN1975PLC006989

Website :www.eldparry.com

Press Release - E.I.D.-Parry {India) Ltd.

Financial Results

Chennai, August 05, 2016: EID Parry (India) Limited, one of the largest manufacturers of Sugar in

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India, has reported financial results for the quarter ended 301

June 2016.

Standalone performance for the quarter ended 30thl une 2016:

The Standalone turnover for the quarter ended 30th June 2016 was Rs. 581 Crore in comparison to the corresponding quarter of previous year of Rs. 495 Crore. Profit before depreciation, interest and taxes (EBITDA) for the quarter was Rs. 87 Crore in comparison with the corresponding quarter of previous year of Loss of Rs. 69 Crore. Standalone profit after tax for the quarter was Rs. 25 Crore as against corresponding quarter loss of Rs. 138 Crore in the previous year.

Sugar Division

The Standalone Sugar operations reported a Profit beforeInterest and Tax of Rs. 56 Crore (corresponding quarter of previous year: Loss before interest and tax of Rs. 90 Crore) for the quarter.

Bio-products Division

For the quarter, Bio-products Division (comprising Bio-Pesticides and Nutraceuticals) registered a Profit beforeInterest and Tax of Rs. 4 Crore (corresponding quarter of previous year of Loss beforeInterest and Tax of Rs. 1Crore).

Mr.V.Ramesh, Managing Director commenting on the standalone results mentioned that

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"The Company's performance in Qlof FY 2016-17 was satisfactory, largely due to better price

realisation on sugar. The other factors which helped in improved performance were focus on costs besides better results of the Bio products division. The two Karnataka units in sugar did not crush

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E.I.D. - Parry (India) Limited

Regd.Office : Dare House, 234,N.S.C. Bose Road, Parrys Corner, Chennai 600 001, India. Tel: [phone] Fax :[phone] I25340858

CIN :L24211TN1975PLC006989

Website :www.eldparry.com

any cane during the quarter unlike in the previous year. Power exports from the Tamilnadu cogeneration plants were also lower due to declined demand. The Company has completely fulfilled the mandated export quota on sugar across five of its Sugar Mills. Going by the current trend on sugar prices, the sugar scenario for the year remains positive."

About E.I.D. - Parry ( ndia) Limited

E.I.D. Parry is a significant player in Sugar with interests in promising areas of Bio Pesticides and Nutraceuticals. E.I.D Parry was incorporated in 1975. The company also has a significant presence in FarmInputs business through its subsidiary, CoromandelInternational Limited. EID Parry has a 100% stake in Parry Sugars RefineryIndia Private Limited, 93.52% stake in US Nutraceuticals LLC, USA with 100% voting rights and a 65% stake in Parrys Sugar ndustries Limited.

EID Parry, together with its subsidiaries, has nine sugar factories having a capacity to crush 39000 Tonnes of Cane per day, generate 160 MW of power and four distilleries having a capacity of 230KLPD. n the Bio Pesticides business, the Company offers a unique neem extract, Azadirachti n, having a good demand in the developed countries' bio pesticide markets.In the Nutraceuticals business, it holds a strong position in the growing wellness segment mainly catering to the world markets with its organic products.

About the Murugappa Group

Founded in 1900, the INR 295 Billion Murugappa Group is one ofIndia's leading business conglomerates. The Group has 28 businesses including nine listed Companies traded in NSE &BSE. Headquartered in Chennai, the major Companies of the Group include Carborundum Universal Ltd., Cholamandalam Investment and Finance Company Ltd., Cholamandalam MS General Insurance Company Ltd., Coromandel International Ltd., Coromandel Engineering Company Ltd., E.I.D. Parry (India) Ltd., Parry Agro Industries Ltd., Parrys SugarIndustries Ltd., Shanthi Gears Ltd., TubeInvestments ofIndia Ltd., and Wendt (India) Ltd.

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IIP1 RYS

E.I.D. - Parry (India) Limited

Regd.Office :Dare House, 234,N.S.C. Bose Road, Parrys Corner, Chennai 600 001, India. Tel: [phone] Fax :[phone] I25340858

CIN :L24211TN1975PLC006989

Website :www.eldparry.com

Market leaders in served segments including Abrasives, Auto Components, Transmission systems, Cycles, Sugar, FarmInputs, Fertilisers, Plantations, Bio-products and Nutraceuticals, the Group has forged strong alliances with leading international companies like Groupe Chimique Tunisien, Foskor, Mitsui Sumitomo, Morgan Advanced Materials, Sociedad Qufmica y Minera de Chile (SQM), Yanmar &Co. and and Compagnie Des Phosphat De Gafsa (CPG). The Group has a wide geographical presence all overIndia and spanning 6 continents.

Renowned brands like BSA, Hercules, Montra, Ladybird, Mach City, Ballmaster, Ajax, Parry's, Chola, Gromer, Shanthi Gears and Paramfos are from the Murugappa stable. The Group fosters an environment of professionalism and has a workforce of over 32,000employees. For more details, visit www.muru agpa.com.

For further information, please contact:

M r. V Suri

E.I.D.-Parry (India) Limited., Dare House,

234 N S C Bose Road, Chennai-600 001.

Tel: [phone]

Email:[e-mail] Website:www.eidparry.com

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