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10-Feb-2024

P I Industries

NP up 28%


'P I Industries consolidated net sales increased 17.62% to Rs 1897.5 crore in Q3FY24 compared to Q3FY24.  Sales of Chemicals segment has gone up 9.73% to Rs 1,770.20 crore (accounting for 93.29% of total sales). 

Profit before interest, tax and other unallocable items (PBIT) has jumped 31.38% to Rs 525.80 crore.  PBIT of Chemicals segment rose 34.38% to Rs 544.10 crore (accounting for 103.48% of total PBIT).  PBIT of Pharma segment fell 289.36% to Rs -18.30 crore (accounting for -3.48% of total PBIT). 

PBIT margin of Chemicals segment rose from 25.10% to 30.74%.  Overall PBIT margin rose from 24.81% to 27.71%. 

Operating profit margin has jumped from 25.73% to 29.18%, leading to 33.37% rise in operating profit to Rs 553.60 crore.  Raw material cost as a % of ...



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