PI Industries’ stocks experienced a near 2% surge during early trading, following robust Q1 performance. Agro-chemicals manufacturer PI Industries Ltd reported a substantial 46.2 % increase in net profit for Q1.
The net profit reached Rs 382.9 crore for the quarter ended June 30, 2023, compared to Rs 262 crore in the previous year.
The company’s total revenue during the same period saw a notable rise, standing at Rs 1,910.4 crore, marking a 23.8 % increase from Rs 1,543 crore in the previous year.
At the operating level, EBITDA demonstrated robust growth, jumping by 35.4 % to Rs 467.8 crore in Q1 of the current fiscal, as per data.
In terms of EBITDA margin, the company recorded a figure of 24.65 % in the reporting quarter, as opposed to 22.4 % in the corresponding period of the previous fiscal. EBITDA signifies earnings before interest, tax, depreciation, and amortisation.
For feedback and suggestions, write to us at editorial@iifl.com
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2026, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132 (Member ID - NSE: 10975 BSE: 179 MCX: 55995 NCDEX: 01249), DP SEBI Reg. No. IN-DP-185-2016, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, Merchant Banker SEBI Regn. No. INM000010940, RA SEBI Regn. No: INH000000248, BSE Enlistment Number (RA): 5016, AMFI-Registered Mutual Fund Distributor & SIF Distributor
ARN NO : 47791 (Date of initial registration – 17/02/2007; Current validity of ARN – 08/02/2027), PFRDA Reg. No. PoP 20092018, IRDAI Corporate Agent (Composite) : CA1099
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
