PI Industries Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	67,137	79,778	76,658	64,920	52,995
Revenue Growth (YoY)	-15.85%	4.07%	18.08%	22.50%	15.78%
Cost of Revenue	28,333	37,711	38,376	35,527	29,228
Gross Profit	38,804	42,067	38,282	29,393	23,767
Selling, General & Admin	9,077	8,003	7,145	5,356	4,929
Other Operating Expenses	12,405	11,847	10,822	8,489	7,394
Operating Expenses	25,874	23,802	21,217	16,232	14,330
Operating Income	12,930	18,265	17,065	13,161	9,437
Interest Expense	-164	-330	-300	-371	-128
Interest & Investment Income	-	2,227	1,273	848	665
Earnings From Equity Investments	57	43	105	68	36
Currency Exchange Gain (Loss)	-	107	74	204	-31
Other Non Operating Income (Expenses)	3,107	556	50	112	72
EBT Excluding Unusual Items	15,930	20,868	18,267	14,022	10,051
Gain (Loss) on Sale of Investments	-	552	680	422	277
Gain (Loss) on Sale of Assets	-	-	-	-1	-
Other Unusual Items	1,031	-	-	-	-
Pretax Income	16,961	21,420	18,947	14,443	10,328
Income Tax Expense	3,753	4,818	2,132	2,148	1,890
Net Income	13,208	16,602	16,815	12,295	8,438
Net Income to Common	13,208	16,602	16,815	12,295	8,438
Net Income Growth	-20.44%	-1.27%	36.76%	45.71%	14.29%
Shares Outstanding (Basic)	152	152	152	152	152
Shares Outstanding (Diluted)	152	152	152	152	152
Shares Change (YoY)	-0.01%	0.00%	0.01%	0.01%	2.51%
EPS (Basic)	87.06	109.44	110.85	81.06	55.64
EPS (Diluted)	87.06	109.42	110.83	81.04	55.63
EPS Growth	-20.43%	-1.27%	36.76%	45.68%	11.51%
Free Cash Flow	-6,438	5,630	14,155	11,751	1,916
Free Cash Flow Per Share	-42.44	37.11	93.30	77.45	12.63
Dividend Per Share	15.000	16.000	15.000	10.000	6.000
Dividend Growth	-6.25%	6.67%	50.00%	66.67%	20.00%
Gross Margin	57.80%	52.73%	49.94%	45.28%	44.85%
Operating Margin	19.26%	22.89%	22.26%	20.27%	17.81%
Profit Margin	19.67%	20.81%	21.93%	18.94%	15.92%
Free Cash Flow Margin	-9.59%	7.06%	18.46%	18.10%	3.62%
EBITDA	16,996	21,367	19,764	15,187	11,226
EBITDA Margin	25.31%	26.78%	25.78%	23.39%	21.18%
D&A For EBITDA	4,066	3,102	2,699	2,026	1,789
EBIT	12,930	18,265	17,065	13,161	9,437
EBIT Margin	19.26%	22.89%	22.26%	20.27%	17.81%
Effective Tax Rate	22.13%	22.49%	11.25%	14.87%	18.30%
Revenue as Reported	70,244	83,220	78,735	55	54,009

Source: S&P Global Market Intelligence. Standard template. Financial Sources.