Pidilite Industries reports 7% YoY growth in net profit to Rs 626 crore

Mumbai: Pidilite Industries has reported a 7% year-on-year (YoY) growth in consolidated net profit for the September quarter to ₹626 crore, even as total revenue jumped over 21%. The growth in profits was muted compared to sales due to tighter margins and input cost pressures.

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The 'Fevicol' maker's consolidated revenue from operations rose over 21% YoY to ₹4,285 crore, while earnings before interest, tax, depreciation and amortisation (Ebitda) were up 3% YoY to ₹878 crore. Consolidated Ebitda margins for the quarter fell to 20.5% from 24.0% a year ago.


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In its consumer and bazaar segment, Pidilite saw a 20.7% growth in revenue with underlying volume growth at 11.1%, while in the busines-tobusiness segment, it's revenue grew by 21.8%, with a volume growth of 9.2%. "We sustained the growth momentum in Q2 FY27 with broad-based, double-digit UVG leading to 20%-plus revenue growth," MD Sudhanshu Vats said.