MoneyWorks4Me

PI Industries reports 77% rise in Q2 consolidated net profit

29 Oct 2020 Evaluate

PI Industries has reported results for second quarter ended September 30, 2020.

The company has reported 70.36% rise in its net profit at Rs 209.20 crore for the quarter under review as compared to net profit of Rs 122.80 crore for the same quarter in the previous year. Total income of the company increased by 20.04% at Rs 1102.00 crore for Q2FY21 as compared Rs 918.00 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 76.62% in its net profit at Rs 217.60 crore for the quarter under review as compared to net profit of Rs 123.20 crore for the same quarter in the previous year. Total income of the company increased by 29.73% at Rs 1191.30 crore for Q2FY21 as compared Rs 918.30 crore for the corresponding quarter previous year.

Peers
Company Name CMP
UPL 546.00
PI Industries 2379.20
Bayer CropScience 3709.60
Sharda Cropchem 741.80
Sumitomo Chem. India 444.85
View more..