PI Industries Reports Q1 FY27 Financials; Approves New Wholly Owned Subsidiary
PI Industries Limited reported its unaudited financial results for the quarter ending June 30, 2026, and announced the incorporation of a new entity aimed at corporate social responsibility. The Board of Directors reviewed and approved both the standalone and consolidated financial performance data, while also formalizing the establishment of a wholly owned subsidiary.The Board meeting, held on August 11, 2026, addressed several key outcomes, including the approval of the Q1 FY27 results and the creation of PI Foundation, intended to carry out Corporate Social Responsibility (CSR) activities under Section 8 of the Companies Act, 2013.
Financial Performance Summary (Unaudited, Quarter Ended June 30, 2026)
Standalone Financial Results:PI Industries Limited recorded a Total Income of 16,597 million for the quarter ended June 30, 2026, compared to 14,625 million in the prior year's audited quarter (Q1 FY26). Revenue from operations stood at 15,989 million.
Key financial metrics for the standalone entity are presented below:
| Metric | Quarter Ended 30.06.2026 (Unaudited) | Quarter Ended 31.03.2026 (Audited) | Quarter Ended 30.06.2025 (Unaudited) | Year Ended 31.03.2026 (Audited) |
|---|---|---|---|---|
| Revenue from operations | 15,989 | 13,914 | 17,691 | 61,827 |
| Total Income | 16,597 | 14,625 | 18,491 | 64,904 |
| Total Expenses | 12,227 | 10,929 | 12,676 | 45,592 |
| Profit after exceptional but before tax | 4,370 | 2,579 | 5,815 | 17,989 |
| Total Tax Expense | 955 | 601 | 1,172 | 3,641 |
| Profit for the period/year | 3,415 | 1,978 | 4,643 | 14,348 |
Consolidated Financial Results:
The Group reported a Total Income of 17,664 million for the quarter ended June 30, 2026, with Revenue from operations totaling 17,023 million. Profit for the period/year stood at 2,442 million.
| Metric | Quarter Ended 30.06.2026 (Unaudited) | Quarter Ended 31.03.2026 (Audited) | Quarter Ended 30.06.2025 (Unaudited) | Year Ended 31.03.2026 (Audited) |
|---|---|---|---|---|
| Revenue from operations | 17,023 | 15,652 | 19,005 | 67,137 |
| Total Income | 17,664 | 16,408 | 19,864 | 70,244 |
| Total Expenses | 14,465 | 13,387 | 14,818 | 54,371 |
| Profit before exceptional items and tax | 3,218 | 3,025 | 5,074 | 15,930 |
| Profit for the period/year | 2,442 | 2,002 | 4,000 | 13,208 |
Segment Performance Breakdown
The Group operates in two segments: Agro chemicals and Pharma. The segment performance provides visibility into revenue generation and asset deployment across these divisions.| Metric | Agro Chemicals | Pharma | Total Consolidated |
|---|---|---|---|
| Revenue (Quarter ended 30.06.2026) | 17,023 | - | 17,023 |
| Segment Assets Employed | 1,24,549 | 14,561 | 1,39,110 |
| Segment Liabilities | 20,696 | 3,731 | 24,427 |
| Capital Employed (Segment) | 10,830 | 10,684 | 21,514 |
New Subsidiary Formation
PI Industries Limited is also proceeding with the incorporation of a new entity. The company plans to incorporate 'PI Foundation' in India as a wholly owned subsidiary. This organization will be established as a not for profit body under Section 8 of the Companies Act and is intended to carry out Corporate Social Responsibility (CSR) activities.The initial share capital subscription for PI Foundation is set at Rs. 1,00,000/-, with PI Industries Limited maintaining 100% shareholding over the entity.
PIIND Stock Price Movement
Shares of PI Industries Limited slipped by 0.78% to settle at ₹2730 on Tuesday, closing down ₹21.60 from the previous close. The stock traded a total volume of 221,971 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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