India’s PI Industries Reports 13.7% Net Profit Growth for Q4 FY22

PI Industries Ltd., a specialty chemicals manufacturer based in India has reported financial results for the period ended March 31, 2022.

Q4 Results

The company’s net profit grew by 13.7% to Rs 2.04 billion for the period ended March 31, 2022 as against Rs 1.79 billion for the period ended March 31, 2021.

Net sales increased by 14% to Rs 14.15 billion during the period ended March 31, 2022 as compared to Rs 12.41 billion during the period ended March 31, 2021.

Full-Year Results

The company’s net profit increased by 14.3% to Rs 8.43 billion for the full-year period ended March 31, 2022 as against Rs 7.38 billion for the full-year period ended March 31, 2021.

The company has reported net sales of Rs 54.01 billion during the full-year period ended March 31, 2022, an increase of 14.9% as compared to Rs 47.02 billion during the full-year period ended March 31, 2021.

The company has reported EPS of Rs 55.63 for the full-year period ended March 31, 2022 as compared to Rs 49.89 for the full-year period ended March 31, 2021.

PI Industries Ltd is mainly engaged in the business of manufacture and selling of agrochemicals, fine chemicals and polymers.