Connect with:
Wednesday / April 16. 2025

logo
mobile-logo
HomePosts Tagged "PI Industries Limited"
Agbiologicals, Agribiotechnology, Agribusiness, Agrotech, Collaborations, Company News, India

Under this partnership, C-CAMP has successfully transferred two breakthrough biocontrol technologies to PI on an exclusive basis.

PI Industries Ltd. (PI), a leading player in Agri Sciences, has entered into a strategic partnership with the Centre for Cellular and Molecular Platforms (C-CAMP), an initiative of the Department of Biotechnology, Ministry of Science and Technology, Government of India. This collaboration marks a significant milestone in advancing sustainable and nature-driven solutions for agricultural challenges, positioning India at the forefront of global agri-tech innovation.

Under this partnership, C-CAMP has successfully transferred two breakthrough biocontrol technologies to PI on an exclusive basis. These cutting-edge solutions, AphidControl and XanthoControl, are set to revolutionise pest and disease management in agriculture by providing environmentally friendly alternatives to traditional chemical pesticides.

• AphidControl is a botanical insecticide designed to combat aphids; a major pest responsible for yield losses of up to 60 per cent across various crops. This innovation can potentially benefit over 25 million farmers.

• XanthoControl is a biocontrol agent targeting Xanthomonas species, a pathogen responsible for significant crop diseases leading to yield losses of up to 80 per cent. This technology has the potential to support over 45 million farmers fighting this menace.

Strategic Synergy & Global Expansion

This partnership is a significant step in PI’s broader strategy to expand its presence in the biological sector. The company has consistently grown its portfolio, with biological products registering 45 per cent revenue growth over the last two years. Adding C-CAMP’s innovations complements PI’s previous investments in biological solutions and other partnerships, further strengthening its integrated approach to sustainable agriculture.

PI aims to commercialise these innovative bio-solutions across key global markets, leveraging its robust R&D capabilities and international distribution network. By combining C-CAMP’s scientific expertise with PI’s market reach, this collaboration is poised to make a transformative impact on the future of agriculture.

Mayank Singhal, Vice Chairman & Managing Director, PI Industries Ltd., said, “As the world confronts the dual challenges of climate change and food security, biological solutions have transitioned from being an option to a necessity. Through our collaboration with C-CAMP, we are leveraging cutting-edge science to develop sustainable, nature-driven solutions that not only mitigate immediate agricultural threats but also pave the way for a more resilient and eco-friendly farming ecosystem. This partnership reinforces our commitment to innovation and sustainability while taking India’s scientific prowess to the global stage.”

Under this partnership, C-CAMP has successfully transferred

Agribusiness, Agro chems – Chemicals, Company News, Finance, India

During Q4 FY24, PI Industries has registered 9 per cent growth in agrochemical exports mainly driven by volumes and new products.

PI Industries Ltd. has reported Q4 FY24 consolidated net profit of Rs 369.5 crore in the fourth quarter-ended March, in comparison with Rs 280.6 crore in the year-ago period. Revenue for Q4 FY24 was higher at Rs 1,741 crore as compared to Rs 1,565.6 crore in Q4 FY23.

During Q4 FY24, PI Industries has registered 9 per cent growth in agrochemical exports mainly driven by volumes and new products. Meanwhile, domestic revenues were subdued with reduction of 5 per cent Y-o-Y mainly due to volume drop of 6 per cent driven by delayed and erratic spread of monsoon although favourable product mix and improved working capital management helped in containing the financial impact. Biologicals products’ revenue increased by 35 per cent Y-o-Y.

For the Financial Year ended March 31, 2024, PI Industries has reported 18 per cent growth in its revenue at Rs 7,665.8 crore as compared to Rs 6,492 in Financial Year ended March 31, 2023. During FY 2024, the company posted net profit of Rs 1,681.5 crore as compared to Rs. 1,229.5 crore, reflecting a growth of 37 per cent.

During FY 2023-24, PI Industries reported 19 per cent growth in agrochemical exports over a high based mainly on account of scale-up of existing products and introduction of 6 new products. Growth comprises volume growth of 18 per cent and 1 per cent from price, currency and favourable product mix.  More than 70 per cent of revenue growth came from new products. Domestic segment remained subdued due to erratic monsoon and El Niño conditions which led to long dry spells impacting insecticide and herbicide sales in certain geographies. Biologicals products’ revenue increased by 29 per cent Y-o-Y.

During Q4 FY24, PI Industries has registered

Agro chems – Chemicals, Finance, India

The company has reported total income of Rs 1567.3 crores during the period ended June 30, 2022 as compared to Rs.1221.5 crores during the period ended June 30, 2021.

Agrochemical major PI Industries Limited has reported consolidated financial results for the period ended June 30, 2022. The company has posted total income of Rs 1567.3 crores during the period ended June 30, 2022 as compared to Rs 1415.2 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs 262.4 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs 204.4 crores for the period ended March 31, 2022.The company has reported EPS of Rs. 17.29 for the period ended June 30, 2022 as compared to Rs. 13.48 for the period ended March 31, 2022.

The company has reported total income of Rs. 1567.3 crores during the period ended June 30, 2022 as compared to Rs1221.5 crores during the period ended June 30, 2021.The company has reported EPS of Rs.17.29 for the period ended June 30, 2022 as compared to Rs.12.34 for the period ended June 30, 2021.

The company has reported total income of