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PI Industries reports 24% rise in Q1 consolidated net profit

25 Jul 2019 Evaluate

PI Industries has reported results for first quarter ended June 30, 2019.

The company has reported 23.38% rise in its net profit at Rs 100.80 crore for the quarter under review as compared to Rs 81.70 crore for the same quarter in the previous year. Total income of the company increased by 24.46% at Rs 766.40 crore for Q1FY20 as compared Rs 615.80 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 23.60% in its net profit at Rs 101.60 crore for the quarter under review as compared to Rs 82.20 crore for the same quarter in the previous year.  Total income of the company increased by 24.40% at Rs 766.20 crore for Q1FY20 as compared Rs 615.90 crore for the corresponding quarter previous year.

Peers
Company Name CMP
UPL 549.10
PI Industries 2388.50
Bayer CropScience 3724.75
Sharda Cropchem 751.20
Sumitomo Chem. India 446.00
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