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PI Industries reports 41% rise in Q4 net profit

17 May 2017 Evaluate

PI Industries has reported results for fourth quarter and year ended March 31, 2017.   

The company has reported a rise of 40.77% in its net profit at Rs 135.15 crore for the quarter ended March 31, 2017 as compared to Rs 96.01 crore for the same quarter in the previous year. Total income of the company increased by 1.80% at Rs 625.17 crore for quarter under review as compared to Rs 614.11 crore for the quarter ended March 31, 2016. 

For the year ended March 31, 2017, the company has posted a jump of 47.70% in its net profit at Rs 457.36 crore as compared to Rs 309.66 crore in FY16. Total income of company increased by 8.36% at Rs 2418.76 crore for year under review as compared to Rs 2232.20 crore for the year ended March 31, 2016.

For the year ended March 31, 2017, on the consolidated basis, the company has posted a rise of 47.47% in its net profit at Rs 459.44 crore as compared to Rs 311.55 crore in FY16. Total income of company increased by 8.38% at Rs 2419.93 crore for year under review as compared to Rs 2232.88 crore for the year ended March 31, 2016.

Peers
Company Name CMP
UPL 550.40
PI Industries 2400.00
Bayer CropScience 3707.00
Sharda Cropchem 744.05
Sumitomo Chem. India 447.00
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