Pidilite Industries Reports Q2 Net Profit Up 7.16% at Rs 626.46 Crore

Pidilite Industries Ltd has reported a consolidated net profit of Rs 626.46 crore for the September quarter, marking a 7.16 per cent increase compared to the same period in the previous fiscal year. According to the company's regulatory filing, the manufacturer of adhesives, sealants, and construction chemicals had recorded a net profit of Rs 584.6 crore in the corresponding quarter a year ago.

Financial Highlights

• Revenue: Rose 20.9 per cent to Rs 4,297.59 crore, compared to Rs 3,554.44 crore in the year-ago period.
• EBITDA: Grew by 3.1 per cent with an EBITDA margin standing at 20.5 per cent.
• Total Expenses: Stood at Rs 3,632.87 crore, reflecting a 29 per cent increase for the quarter.
• Total Income: Reached Rs 4,362.18 crore, up 21 per cent including other income.

Segment-Wise Performance

• Consumer & Bazaar: Revenue rose 20.7 per cent to Rs 3,423.57 crore.
• Business to Business (B2B): Revenue increased by 19.87 per cent to Rs 912.59 crore.
• Others Segment: Recorded revenue of Rs 25.37 crore, up 79.5 per cent.

Managing Director Sudhanshu Vats commented that the company sustained its growth momentum with broad-based, double-digit volume growth leading to revenue growth exceeding 20 per cent. He noted that steady margins were delivered in the first half of the fiscal year despite material inflation and market volatility, and expressed confidence in continuing the momentum into the second half.

On the stock market front, shares of Pidilite Industries settled at Rs 1,392 on the BSE, down 4.13 per cent.

Verification and Practical Implications

Readers and investors can verify these financial figures by accessing the official regulatory filings submitted by Pidilite Industries to stock exchanges. The figures reflect reported consolidated financial results for the specified quarter and do not constitute investment advice.