Saturday, March 15, 2025 | 04:04 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

PI Industries surges 9% on strong December quarter results

The stock surged 9 per cent to Rs 914 on the BSE on Tuesday in early morning trade after the company reported strong growth of 33 per cent in net profit at Rs 107 crore in December 2018 quarter.

agrochemicals
Premium

SI Reporter Mumbai
Shares of PI Industries surged 9 per cent to Rs 914 per share on the BSE in early trade on Tuesday, after the company reported strong growth of 33 per cent in net profit at Rs 107 crore in December 2018 quarter (Q3FY19). The agrochemicals company had a profit of Rs 81 crore in the year-ago quarter.

Revenues during the quarter under review grew 32 per cent at Rs 708 crore against Rs 538 crore in the corresponding quarter of previous fiscal.

The healthy revenue growth mainly contributed by around 40% year-on-year (YoY) growth in exports on account

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in