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PI Industries reports 29% rise in Q1 consolidated net profit

31 Jul 2021 Evaluate

PI Industries has reported results for first quarter ended June 30, 2021.

The company has reported 39.42% rise in its net profit at Rs 183.90 crore for the quarter under review as compared to net profit of Rs 131.90 crore for the same quarter in the previous year. Total income of the company increased by 16.54% at Rs 1133.20 crore for Q1FY22 as compared Rs 972.40 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 28.66% in its net profit at Rs 187.20 crore for the quarter under review as compared to net profit of Rs 145.50 crore for the same quarter in the previous year. Total income of the company increased by 14.34% at Rs 1221.50 crore for Q1FY22 as compared Rs 1068.30 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
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