Mumbai, November 12 (Udaipur Kiran): Shares of PI Industries Ltd traded lower on Tuesday after the company reported a 19% year-on-year decline in consolidated net profit for the second quarter ended September 30, 2025 (Q2FY26).
The stock was trading at Rs. 3,710.00, down Rs. 70.95 or 1.88% from its previous close of Rs. 3,780.95 on the BSE. It opened at Rs. 3,763.40 and touched an intraday high of Rs. 3,763.40 and a low of Rs. 3,616.30. A total of 59,921 shares were traded on the counter during the session.
The BSE Group ‘A’ stock, with a face value of Rs. 1, currently commands a market capitalisation of Rs. 56,348.11 crore. It has recorded a 52-week high of Rs. 4,641.70 (on November 12, 2024) and a 52-week low of Rs. 2,952.05 (on March 3, 2025). Over the past week, the scrip traded between Rs. 3,829.90 and Rs. 3,616.30.
Promoters hold 46.09% of the company’s shares, while institutional investors and non-institutional investors hold 46.82% and 7.10%, respectively.
In its financial results, PI Industries reported a 12.07% decline in standalone net profit to Rs. 491.10 crore in Q2FY26, compared to Rs. 558.50 crore in the same quarter last year. The company’s total income fell 17.50% to Rs. 1,832.90 crore, as against Rs. 2,221.70 crore in Q2FY25.
On a consolidated basis, the company’s net profit dropped 19.46% to Rs. 409.30 crore, compared to Rs. 508.20 crore in the year-ago quarter. Total consolidated income also declined 16.58% to Rs. 1,954.80 crore, from Rs. 2,343.20 crore in Q2FY25.
The decline in quarterly performance is attributed to lower demand and subdued revenue growth from both domestic and export markets, impacting overall profitability.
PI Industries Ltd is a leading agrochemical and specialty chemicals manufacturer, engaged in custom synthesis, contract manufacturing, and formulation services catering to global and domestic clients.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
