Tag: LossMaking

E.I.D. Parry in Focus After Board Approves Closure of Loss-Making Kakinada Refinery; To Infuse ₹740 Cr

E.I.D. Parry in Focus After Board Approves Closure of Loss-Making Kakinada Refinery; To Infuse ₹740 Cr...

Synopsis: After years of mounting losses driven by collapsing white sugar premiums and an unworkable import-refine-export model, E.I.D. Parry’s Board approved the permanent closure of its wholly owned subsidiary PSRIPL’s…

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