Pidilite Industries Consolidated Q3 Net Profit Dips By 2.44% (06-Feb-2012)
Pidilite Industries has reported results for third quarter ended December 31, 2011.
The company has posted a fall of 12.67% in its net profit to Rs 74.29 crore for the quarter ended December 31, 2011 as compared to Rs 85.07 crore for the same quarter in the previous year. However, total income has increased by 17.33% to Rs 703.80 crore for quarter under review as compared to Rs 599.81 crore for the quarter ended December 31, 2010.
On the consolidated basis, the company has posted a fall of 2.44% in its net profit at Rs 78.63 crore for the quarter ended December 31, 2011 as compared to Rs 80.60 crore for the same quarter in the previous year. However, total income has increased by 17.41% at Rs 787.230 crore for the quarter under review as compared to Rs 670.480 crore year ago.
Pidilite Industries has diversified in various segments such as adhesives and sealants, construction and paint chemicals, automotive chemicals, art materials, industrial adhesives, industrial and textile resins and organic pigments and preparations. It has created brands like Fevicol, Dr Fixit, Cyclo, hobby ideas, Roff and M-Seal.
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