Policy inaction on MSP and ethanol pricing
No upward revision of MSP or ethanol prices expected, straining sugar and distillery margins.
EID Parry India · Material risks, their source context, and severity in the latest available quarter.
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Risk intelligence
No upward revision of MSP or ethanol prices expected, straining sugar and distillery margins.
White premiums remain low due to global surplus, impacting refinery profitability for at least two more quarters.
Impairment of ₹10 crore taken in Q3; further impairments possible if channel correction fails to deliver expected results.