PI Industries: June ’22 Results Update
Moneylife Digital Team 08 August 2022
In Q1FY22-23, PI Industries (PI) reported strong revenue growth of 29% y-o-y (year-on-year) to Rs1,543 crore, backed by 42% y-o-y growth in CSM (custom synthesis manufacturing) segment. The rise in CSM business was on the back of volume growth of 30% y-o-y, due to ramp-up of newer molecules along with steady growth of older molecules and a favourable price and currency movement of 12%. Some...
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