/images/ppid_59c68470-image-177012756979517564.webp)
/images/ppid_a911dc6a-image-177012642960110031.webp)
What is the story about?
Pidilite Industries posted a strong set of Q3 numbers, with net profit rising 11.9% to ₹623.84 crore from ₹557 crore in the same period last year, surpassing the CNBC-TV18 poll estimate of ₹608 crore.
The company’s revenue grew 10.1% year-on-year to ₹3,709.9 crore from ₹3,369 crore, slightly above poll estimate of ₹3,705 crore.
EBITDA for the quarter was ₹894.4 crore, up 12% from ₹798 crore YoY, while the margin improved to 24.1% from 23.7% in the year-ago period, also beating the poll estimate of 24%.
Also Read:JK Lakshmi Cement Q3 net profit dips 23% on lower margin; revenue up 6%
Commenting on the results, Sudhanshu Vats, Managing Director, Pidilite Industries Limited, said, “The Company delivered double digit revenue growth with strong underlying volume growth and healthy operating margins. As we look ahead, we remain optimistic."
He added that the domestic operating environment will further improve, aided by favourable monsoons and the continued indirect impact of GST 2.0 on their demand.
He stated, "This coupled with the impetus given on infrastructure and urbanization in the union budget augurs well for us. At the same time, we remain vigilant to geopolitical developments, given their potential to disrupt supply chains and create uncertainty."
Also Read: Free LPG cylinders for eligible ration card holders on Holi, Diwali: Delhi CM
Company informed that its net sales for the quarter stood at ₹3,699 crore, up 10.2% compared with the same quarter last year.
The company’s revenue grew 10.1% year-on-year to ₹3,709.9 crore from ₹3,369 crore, slightly above poll estimate of ₹3,705 crore.
EBITDA for the quarter was ₹894.4 crore, up 12% from ₹798 crore YoY, while the margin improved to 24.1% from 23.7% in the year-ago period, also beating the poll estimate of 24%.
Also Read:JK Lakshmi Cement Q3 net profit dips 23% on lower margin; revenue up 6%
Commenting on the results, Sudhanshu Vats, Managing Director, Pidilite Industries Limited, said, “The Company delivered double digit revenue growth with strong underlying volume growth and healthy operating margins. As we look ahead, we remain optimistic."
He added that the domestic operating environment will further improve, aided by favourable monsoons and the continued indirect impact of GST 2.0 on their demand.
He stated, "This coupled with the impetus given on infrastructure and urbanization in the union budget augurs well for us. At the same time, we remain vigilant to geopolitical developments, given their potential to disrupt supply chains and create uncertainty."
Also Read: Free LPG cylinders for eligible ration card holders on Holi, Diwali: Delhi CM
Company informed that its net sales for the quarter stood at ₹3,699 crore, up 10.2% compared with the same quarter last year.
Its
B2B segment grew 2.9% for the quarter and 7.7% for YTD December 2025, with the project business maintaining its growth momentum, while industrial products export revenue was affected by slower pigment exports.
Shares of Pidilite Industries Ltd closed at ₹1,429.60, up ₹17.60 or 1.25% on February 3, on NSE.
/images/ppid_a911dc6a-image-177012857192491266.webp)
/images/ppid_a911dc6a-image-177012852999894944.webp)
/images/ppid_59c68470-image-17701275342206074.webp)
/images/ppid_59c68470-image-177012761437827917.webp)
