Q3FY17 Results : PI Industries Ltd
Bhagyashree Vivarekar / 14 Feb 2017
The company reported PAT of Rs 93.97 crore, which represents a sequential QoQ decline of 7.31 per cent and a YoY increase of 32.65 per cent.
PI Industries Ltd. reported its results for the quarter ended December 31, 2016.
The company's total sales for Q3FY17 came in at Rs 500.32 crore, which represents a 12.52 per cent sequential decline and 4.47 per cent YoY decline.
Its operating profit (EBIT) for the quarter came in at Rs. 85.11 crore and its EBIT margin stood at 17.01 per cent.
The company reported PAT of Rs 93.97 crore, which represents a sequential QoQ decline of 7.31 per cent and a YoY increase of 32.65 per cent.
PI Industries Ltd is an Indian company with business interests in agri-inputs, fine chemicals (CRAMS - Contract Research and Manufacturing Services). Its agri-inputs include insecticides, fungicides, herbicides, plant nutrients, seed treatment chemicals, active ingredients, and seeds. The company also offers contract research and manufacturing services in the areas of fine chemicals, agro-chemicals, and pharma intermediates.
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