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PI Industries reports 19% rise in Q2 net profit

28 Oct 2015 Evaluate

PI Industries has reported results for second quarter ended September 30, 2015.

The company has posted a rise of 18.89% in its net profit at Rs 58.22 crore for the quarter ended September 30, 2015 as compared to Rs 48.97 crore for the same quarter in the previous year. Total income of the company increased by 4.27% at Rs 450.55 crore for quarter under review as compared to Rs 432.08 crore for the quarter ended September 30, 2014.

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 544.65
PI Industries 2384.00
Bayer CropScience 3718.00
Sharda Cropchem 741.15
Sumitomo Chem. India 445.00
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