PI Industries trades lower on reporting 17% fall in Q3 consolidated net profit
PI Industries is currently trading at Rs. 3519.10, down by 26.00 points or 0.73% from its previous closing of Rs. 3545.10 on the BSE.
The scrip opened at Rs. 3545.10 and has touched a high and low of Rs. 3593.85 and Rs. 3479.20 respectively. So far 4612 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 4801.40 on 20-Sep-2024 and a 52 week low of Rs. 3324.20 on 29-Jan-2025.
Last one week high and low of the scrip stood at Rs. 3692.00 and Rs. 3450.00 respectively. The current market cap of the company is Rs. 53375.19 crore.
The promoters holding in the company stood at 46.09%, while Institutions and Non-Institutions held 45.66% and 8.25% respectively.
PI Industries has reported 12.89% decline in its net profit at Rs 423.80 crore for Q3FY25 as compared to Rs 486.50 crore for the same quarter in the previous year. However, total income of the company increased by 3.72% at Rs 1852.60 crore for Q3FY25 as compared to Rs 1786.20 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 16.92% decline in its net profit at Rs 372.70 crore for the quarter ended December 31, 2024 as compared to Rs 448.60 crore for the same quarter in the previous year. However, total income of the company increased marginally by 1.18% at Rs 1976.70 crore for Q3FY25 as compared to Rs 1953.60 crore for the corresponding quarter previous year.
