PI Industries announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors also approved the incorporation of a new not-for-profit entity, ‘PI Foundation’, as a wholly-owned subsidiary to carry out Corporate Social Responsibility activities. The board meeting commenced at 2:00 PM IST and concluded at 6:30 PM IST on August 11, 2026.
Financial Performance Review
PI Industries Limited held a Board of Directors meeting on August 11, 2026, where it considered and approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. These results have been prepared in compliance with SEBI Listing Regulations.
Expansion into Corporate Social Responsibility
In a significant move, the company also approved the incorporation of a new entity named ‘PI Foundation’. This not-for-profit organization will be established under Section 8 of the Companies Act, 2013. PI Foundation will serve as a wholly-owned subsidiary of PI Industries and will focus on undertaking Corporate Social Responsibility (CSR) activities in line with Section 135 of the Act and its relevant schedules. The initial share capital subscription for PI Foundation is set at Rs. 1,00,000, with PI Industries holding 100% shareholding.
Meeting Details
The Board meeting commenced at 02:00 p.m. IST and concluded at 06:30 p.m. IST on August 11, 2026.
Financial Highlights (Unaudited Standalone – Q1 FY27)
Revenue and Profitability
For the quarter ended June 30, 2026, PI Industries reported total income of ₹16,597 million. Total expenses amounted to ₹12,227 million, resulting in a profit before tax (after exceptional items) of ₹4,370 million. After accounting for income tax expenses of ₹955 million, the net profit for the period stood at ₹3,415 million. Total comprehensive income for the period was ₹3,796 million.
Key Financial Metrics
- Revenue from operations: ₹15,989 million
- Other Income: ₹608 million
- Earnings Per Share (Basic & Diluted): ₹22.50
Financial Highlights (Unaudited Consolidated – Q1 FY27)
Revenue and Profitability
On a consolidated basis, for the quarter ended June 30, 2026, the Group’s total income reached ₹17,664 million. Total expenses were ₹14,465 million. Profit before exceptional items and tax was ₹3,218 million. After considering exceptional items and tax expenses of ₹776 million, the profit for the period was ₹2,442 million. Total comprehensive income for the period stood at ₹2,762 million.
Key Financial Metrics
- Revenue from operations: ₹17,023 million
- Other Income: ₹641 million
- Earnings Per Share (Basic & Diluted): ₹16.10
Source: BSE
