PI Industries Ltd has reported Q1 FY26 consolidated net profit of Rs. 400 crore as against Rs. 449 crore in Q1 FY25, reflecting a drop of 10.9 per cent. 

Revenue from operations also dropped 8.1 per cent YoY to Rs. 1,900.5 crore as compared to Rs. 2,068.9 crore in Q1 FY25.

EBITDA for the quarter came in at Rs. 521 crore, down 11 per cent from Rs. 585 crore a year earlier.

During the quarter, the company commercialised 2 new products in exports and 2 in domestic agri brands. The company reported ~14 per cent decline in agchem exports (volume decline ~9 per cent) and New products growth ~46 per cent YoY. PI's domestic revenue grew by ~6 per cent YoY (Volume up ~7 per cent). Meanwhile, biologicals products revenue decreased by ~38% YoY. However, pharma rebound with 186% Y-o-Y revenue growth.