HomeStock MarketPI Industries soars 8% on Q2 revenue rise

PI Industries soars 8% on Q2 revenue rise

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  • After the business reported a strong 31% year-over-year (YoY) sales growth at Rs 17,700 crore for the quarter ending September 2022, shares of PI Industries touched an all-time high of Rs 3,554.25 and soared 8% on the BSE in intraday session on Wednesday (Q2FY23).
  • The CSM (exports) segment’s outstanding performance drove higher revenue growth.
  • At Rs 334.80 crore, profit after tax increased by 46% year over year.

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