• Parry Agro Industries Limited FY21 results

    14 July

Parry Agro, one of the leading producers of CTC, Orthodox, Organic and Green teas, in India, is a part of the Murugappa Group, which is among the most respected business conglomerates in India. In a country that is the second largest tea-growing region in the world, Parry Agro has estates across the best tea regions in India. In South India, their estates are spread across Sheikalmudi, Murugalli, Paralai and Iyerpadi, in the Anamallai Hills; Attikunna and Carolyn, in the Nilgiris–Wayanad region; and in Assam, at Deckiajuli, along the banks of the river Brahmaputra. These estates produce some of the finest Indian teas. Spread over 3,210 hectares, the tea estates and factories at Parry Agro produce around 14 million kilograms annually. Over the last five decades, the brand’s reputation and respectability, as one of the premier tea growers has been well established across the globe.

Parry Agro Industries Limited FY21 results:

Total income of the company has been increased by 33.1% from INR 177.1 Cr. in 2020 to INR 235.7 Cr. in 2021. Also, company's PAT has been increased from INR -2 Cr. in 2020 to INR 13.9 Cr. in 2021. Cash from operations has been increased at the rate of 2544.7% from INR 0.8 Cr. in 2020 to INR 20.9 Cr. in 2021. EPS has also been increased from INR -5.4 in 2020 to INR 37.0 in 2021.