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PI Industries reports 11% fall in Q2 net profit

29 Oct 2014 Evaluate

PI Industries has reported results for second quarter ended September 30, 2014.

The company has registered 11.43% fall in its net profit at Rs 48.97 crore for the quarter under review as compared to Rs 55.29 crore for the same quarter in the previous year. Total income of the company has decreased 7.25% to Rs 432.08 crore for Q2FY15 as compared Rs 465.87 crore for the corresponding quarter previous year.

PI Industries focuses on Agri-Input and Custom Synthesis with strength of over 1,400 employees. PI Industries currently operates three formulation and two manufacturing facilities as well as five multi-product plants under its three manufacturing locations across Jammu and Gujarat. 

Peers
Company Name CMP
UPL 546.75
PI Industries 2397.10
Bayer CropScience 3703.00
Sharda Cropchem 741.90
Sumitomo Chem. India 447.00
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