PI Industries shares tumble 7% after Q4 profit drops 39% YoY to Rs 200 crore

May 20, 2026

PI Industries shares fell sharply on Wednesday after the company reported a 39% YoY drop in Q4FY26 net profit to Rs 200 crore, along with weaker revenue and EBITDA. FY26 performance also softened, though the board recommended a high final dividend. Weak technicals and declining institutional holding added to investor concerns.

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