PI Industries Ltd., one of the leading agrochemicals manufacturers in India announced its results for the second quarter ended September 30, 2020.
Q2 Results- QoQ
The company’s net profit grew 49.6% to Rs 217.6 crores for the period ended September 30, 2020 as against net profit of Rs 145.5 crores for the previous quarter.
Net sales increased 11.5% to Rs 1191.3 crores during the period ended September 30, 2020 as compared to Rs 1068.3 crores during the previous quarter.
Q2 Results- YoY
The company’s net profit grew 76.6% to Rs 217.6 crores for the period ended September 30, 2020 as against net profit of Rs 123.2 crores for the prior-year quarter.
Net sales increased 29.7% to Rs 1191.3 crores during the period ended September 30, 2020 as compared to Rs 918.3 crores during the prior-year quarter.
Half-Year Results- YoY
The company’s net profit increased 61.5% to Rs 363.1 crores for the 6 months period ended September 30, 2020 as against net profit of Rs 224.8 crores for the prior-year 6 months period.
Net sales grew 34.1% to Rs 2259.6 crores during the 6 months period ended Septem-ber 30, 2020 as compared to Rs 1684.5 crores during the prior-year 6 months period.