{"id":142077,"date":"2023-02-16T09:57:25","date_gmt":"2023-02-16T14:57:25","guid":{"rendered":"https:\/\/44.250.171.167\/?p=142077"},"modified":"2023-02-16T09:57:26","modified_gmt":"2023-02-16T14:57:26","slug":"pi-industries-limited-q3fy23-earnings-story","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/pi-industries-limited-q3fy23-earnings-story\/","title":{"rendered":"PI Industries Limited Q3FY23 Earnings Story"},"content":{"rendered":"\n<p>A prominent leader in the agro-chemicals space, PI Industries Ltd has a strong presence in both Domestic and Export markets. The company boasts of state-of-the-art facilities in Gujarat where it has integrated process development teams alongside in-house engineering capabilities.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p><a href=\"https:\/\/44.250.171.167\/symbol\/piind\/\">PI Industries Ltd<\/a>.\u2019s revenue in Q3FY23 rose 19% to \u20b9 16,132 million. Consolidated Profit After Tax came at \u20b9 3,518 millions in Q3FY23 showcasing a 58% rise on an YoY basis. In this quarter\u2019s <a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/97c65349-5c07-4b6c-a6f4-6556c3453ba5.pdf\" target=\"_blank\" rel=\"noopener\">results<\/a>, the reports suggested that the firm has continued to deliver consistent performance in all key operational and financial indicators in Q3Y23.<\/p>\n\n\n\n<p>Despite higher depreciation, the EBITDA growth of the company supported its rise in net profit. During the quarter that ended December 2022, the EBITDA grew by 40% YoY to stand at INR 415.6 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A prominent leader in the agro-chemicals space, PI Industries Ltd has a strong presence in both Domestic and Export markets. The company boasts of state-of-the-art facilities in Gujarat where it has integrated process development teams alongside in-house engineering capabilities. Financial Results: PI Industries Ltd.\u2019s revenue in Q3FY23 rose 19% to \u20b9 16,132 million. Consolidated Profit [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":138541,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,5753,6352],"tags":[10166],"class_list":["post-142077","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-industrials","category-research-summary","tag-agrochemicals-industrial-chemicals"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/dan-meyers-IQVFVH0ajag-unsplash-1.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":141624,"url":"https:\/\/alphastreet.com\/india\/pi-industries-ltd-q3fy23-58-growth-in-profits\/","url_meta":{"origin":142077,"position":0},"title":"PI Industries Ltd. Q3FY23; 58% Growth in Profits","author":"Karan_Singh","date":"February 14, 2023","format":false,"excerpt":"PI Industries Ltd\u2019s revenue in Q3FY23 rose 19% to \u20b9 16,132 millions. Consolidated Profit After Tax came at \u20b9 3,518 millions in Q3FY23 showcasing a 58% rise on an YoY basis. In this quarter\u2019s\u00a0results, the reports suggested that the firm has continued to deliver consistent performance in all key operational\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-PIIND.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-PIIND.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-PIIND.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-PIIND.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-PIIND.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":144492,"url":"https:\/\/alphastreet.com\/india\/the-immense-growth-of-pi-industries-limited\/","url_meta":{"origin":142077,"position":1},"title":"The Immense Growth of PI Industries Limited","author":"Karan_Singh","date":"April 28, 2023","format":false,"excerpt":"\u201cOur Branded products for crops including Cotton, Rice, Chili, Horticulture and Wheat, have performed well. With a portfolio of advanced brands, we have carved out leadership in respective categories. Further, we are recording attractive responses to the spate of new brands that we have recently introduced into the domestic market;\u2026","rel":"","context":"In &quot;Agricultural Products&quot;","block_context":{"text":"Agricultural Products","link":"https:\/\/alphastreet.com\/india\/category\/agricultural-products\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-1385606617.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-1385606617.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-1385606617.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-1385606617.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":144402,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-pi-industries-for-q3-fy23\/","url_meta":{"origin":142077,"position":2},"title":"Earnings Summary Of PI Industries For Q3 FY23","author":"Hardik Bhandare","date":"February 14, 2023","format":false,"excerpt":"PI Industries Limited is a leading agri-sciences company headquartered in Gurugram, India. The company offers a wide range of products under this segment, including herbicides, insecticides, fungicides, and more. PI Industries has a strong presence in both domestic and international markets, with a global footprint spanning over 80 countries. PI\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-2-2.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-2-2.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-2-2.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-2-2.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-2-2.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-2-2.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":142080,"url":"https:\/\/alphastreet.com\/india\/pidilite-ind-limited-q3fy23-earnings-story\/","url_meta":{"origin":142077,"position":3},"title":"Pidilite Ind. Limited Q3FY23 Earnings Story","author":"Karan_Singh","date":"February 16, 2023","format":false,"excerpt":"In India, Pidilite Industries Ltd is a top producer of polymer emulsions, construction chemicals, craftsmen's products, adhesives and sealants, and DIY products. The use of\u00a0 internal R&D has been critical towards the development of the majority of products. For many people in India, the name Fevicol has become synonymous with\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-1400590931.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-1400590931.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-1400590931.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-1400590931.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":142783,"url":"https:\/\/alphastreet.com\/india\/ratnamani-metals-tubes-limited-q3fy23\/","url_meta":{"origin":142077,"position":4},"title":"Ratnamani Metals &#038; Tubes Limited Q3FY23","author":"Karan_Singh","date":"February 24, 2023","format":false,"excerpt":"Ratnamani Metals & Tubes Ltd is engaged in the manufacturing of stainless steel pipes and tubes and carbon steel pipes from its manufacturing facilities in India. The three large factories in Gujarat's Chhatral, Indrad, and Kutch produce a variety of carbon steel welded pipes and seamless stainless steel tubes for\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-582256640.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-582256640.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-582256640.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-582256640.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":142609,"url":"https:\/\/alphastreet.com\/india\/earnings-balaji-amines-ltd-nsebalamines-q3fy23-results-out-total-income-rise-4-yoy\/","url_meta":{"origin":142077,"position":5},"title":"Earnings | Balaji Amines Ltd. (NSE:BALAMINES): Q3FY23 Results Out; Total Income rise 4% YoY","author":"Divyansh_Kasana","date":"February 23, 2023","format":false,"excerpt":"Balaji Amines Ltd. (NSE:BALAMINES) is a leading manufacturer of specialty chemicals such as methylamines, ethylamines, and derivatives, which are used in various industries including pharmaceuticals, agrochemicals, and water treatment. The company is based in India and exports its products to over 40 countries worldwide. Balaji Amines is also involved in\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=142077"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142077\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/138541"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=142077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=142077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=142077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}