Below are the financial statements of PI Industries, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of INR | 2024 | 2023 |
|---|---|---|
| Revenue from operations | 76.66a | 64.92a |
| Other income | 2.08a | 1.59a |
| Total income | 78.74a | 66.51a |
| Expenses | — | — |
| Cost of materials consumed | -35.79a | -34.34a |
| Purchase of stock in trade | -2.63a | -1.88a |
| Changes in inventories of finished goods, work in progress and stock in trade | -0.04a | -0.7a |
| Employee benefit expense | -7.01a | -5.27a |
| Finance cost | -0.3a | -0.37a |
| Depreciation and amortisation expense | -3.08a | -2.27a |
| Net impairment losses on financial assets | -0.17a | -0.13a |
| Other expense | -10.95a | -8.58a |
| Total expenses | -59.89a | -52.14a |
| Share of profit of associates & joint venture accounted for using the equity method | 0.11a | 0.07a |
| Profit before tax | 18.95a | 14.44a |
| Income tax expense | — | — |
| Current tax | -3.56a | -2.59a |
| Deferred tax | -1.53a | -0.5a |
| Income tax of earlier years | -0.1a | -0.06a |
| Total tax expense | -2.13a | -2.15a |
| Profit for the year | 16.82a | 12.3a |
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