PI Industries Shares Tumble 8% on Weak Q4 Earnings
PI Industries shares fell 8% amid disappointing fourth-quarter earnings and a 39% decline in profit. The company reported Q4 revenue of Rs 1,565.20 crore, down 12.42% Y-o-Y, and a 16% drop in FY26 revenue. The EBITDA margin remained at 25%.
PI Industries reported a weak fourth-quarter performance, with shares plummeting 8% due to the disappointing earnings. The company's quarterly profit fell 39% year-over-year (YoY) to Rs 200 crore.
The Q4 revenue also declined, with Net Sales at Rs 1,565.20 crore, down 12.42% from the previous year. Additionally, the company's FY26 revenue dropped by 16%.
In a sign of resilience, the company maintained its EBITDA margin at 25%.
The earnings miss and revenue decline are expected to send a negative signal to investors, as the company's shares were already vulnerable to market pressures.
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