Conference Call with PI Industries Management and Analysts on Q1FY24 Performance and Outlook. Listen to the full earnings transcript.
Agrochemicals company PI Industries announced Q1FY24 results: Revenue of Rs 15,432 million in Q1FY23 compared to Rs 19,104 million in Q1FY24, up 24% YoY Gross margin of 44% in Q1FY23 compared to 47% in Q1FY24, up 267 bps YoY Overheads of Rs 3,310 million in Q1FY23 compared to Rs 4,208 million in Q1FY24, up 27% YoY EBITDA of Rs 3,495 million in Q1FY23 compared to Rs 4,726 million in Q1FY24, up 35% YoY EBITDA as % of Revenue of 23% in Q1FY23 compared to 25% in Q1FY24, up 209 bps YoY Net Profit of Rs 2,624 million in Q1FY23 compared to Rs 3,829 million in Q1FY24, up 46% YoY Total capex for Q1FY24 is Rs 6,490 million including Pharma acquired assets of Rs 5,249 million through business combination. The capex excluding this addition is Rs 1,241 million (Q1FY23 Rs 506 million). Result PDF
Conference Call with PI Industries Management and Analysts on Q4FY23 Performance and Outlook. Listen to the full earnings transcript.