Consolidated revenue from operations climbed to Rs 3,554.44 crore in the September quarter, up from Rs 3,234.91 crore a year earlier
Pidilite Industries reported an 8.2 per cent year-on-year increase in consolidated net profit at Rs 584.6 crore for the quarter ended September 30, driven by strong underlying volume growth and healthy margins. The adhesive and construction chemicals maker had posted a net profit of Rs 540.3 crore in the same period last year.
Consolidated revenue from operations climbed to Rs 3,554.44 crore in the September quarter, up from Rs 3,234.91 crore a year earlier, the company said in a regulatory filing. Total expenses during the quarter rose to Rs 2,816.94 crore compared with Rs 2,565.71 crore in the year-ago period.
Pidilite Industries reported an 8.2 per cent year-on-year increase in consolidated net profit at Rs 584.6 crore for the quarter ended September 30, driven by strong underlying volume growth and healthy margins. The adhesive and construction chemicals maker had posted a net profit of Rs 540.3 crore in the same period last year.
Consolidated revenue from operations climbed to Rs 3,554.44 crore in the September quarter, up from Rs 3,234.91 crore a year earlier, the company said in a regulatory filing. Total expenses during the quarter rose to Rs 2,816.94 crore compared with Rs 2,565.71 crore in the year-ago period.
“The Company delivered double-digit underlying volume growth with sequential improvement and healthy operating margins, even in a challenging macro-economic environment”, said Sudhanshu Vats, Managing Director, Pidilite.
He further added that they remain optimistic about the coming quarters, supported by favourable monsoon conditions, the cascading impact of GST 2.0, and stronger momentum in the construction sector amid benign interest rates and improved liquidity.
However, he cautioned that global geopolitical tensions could affect supply chains and trade dynamics, adding that the company continues to monitor such developments closely.
“At the same time, weremain vigilant to geopolitical developments, given their potential to disrupt supply chains and create uncertainty
around global tariffs. We are firmly committed to our strategic agenda of driving consistent, profitable, volume-led growth through continued investment in our brands, supply chain, and people”, he said in the company statement.
