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NDTV Profit

PI Industries Shares Crash 10% To 52Week Low After Q2 Profit Plunges 70%, Margins Nearly Halve

The sell-off followed a weak Q2 performance, with the company's net profit declining sharply by 70.1% year-on-year (YoY) to Rs 122 crore, compared with Rs 409 crore in the corresponding quarter last year.