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PI Industries reports 46% rise in Q2 consolidated net profit

09 Nov 2022 Evaluate

PI Industries reported results for second quarter ended September 30, 2022.

The company has reported rise of 47.59% in its net profit at Rs 327.20 crore for Q2FY23 as compared to Rs 221.70 crore for the corresponding quarter previous year. Total income of the company increased by 30.51% to Rs 1,727.40 crore for the quarter under review as compared to Rs 1323.60 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 45.82% in its net profit at Rs 334.80 crore for the quarter under review as compared to Rs 229.60 crore for the same quarter in the previous year. Total income of the company increased by 30.38% to Rs 1,801.70 crore for the quarter under review as compared to Rs 1,381.90 crore for the same quarter in the previous year.

Peers
Company Name CMP
UPL 547.40
PI Industries 2389.10
Bayer CropScience 3717.65
Sharda Cropchem 741.85
Sumitomo Chem. India 446.75
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