PI Industries logs 17% rise in Q4 revenues

摘要

Indian agrochemical company PI Industries (Udaipur) registered a 16.5% rise in revenues to Rs 13,952 million ($181.4 million) for its fourth quarter ended March 31st 2022. Overseas operations continued to be the company’s mainstay, with global sales expanding around 11% to Rs 11,142 million ($144.8 million). However, the share of international business in revenues contracted to 79.9% (84% in previous year’s corresponding quarter), with the category ceding ground to domestic operations. Sales in the company’s domestic market advanced by 47% to fetch Rs 2,810 million ($36.5 million).