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PI Industries reports 58% rise in Q3 consolidated net profit

15 Feb 2023 Evaluate

PI Industries has reported results for third quarter ended December 31, 2022 (Q3FY23).

The company has reported rise of 64.20% in its net profit at Rs 352.70 crore for Q3FY23 as compared to Rs 214.80 crore for the corresponding quarter previous year. Total income of the company increased by 21.92% to Rs 1619.00 crore for the quarter under review as compared to Rs 1327.90 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 58.04% in its net profit at Rs 351.80 crore for Q3FY23 as compared to Rs 222.60 crore for the same quarter in the previous year. Total income of the company increased by 20.34% to Rs 1663.40 crore for the quarter under review as compared to Rs 1382.30 crore for the same quarter in the previous year.

Peers
Company Name CMP
UPL 545.70
PI Industries 2399.40
Bayer CropScience 3713.65
Sharda Cropchem 741.90
Sumitomo Chem. India 447.45
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