Breaking News

You are here » Indian-Commodity  :  Corporate  :  Pidilite Industries reports 56% rise in Q4 consolidated net profit

25-May2018

Pidilite Industries reports 56% rise in Q4 consolidated net profit

Pidilite Industries has reported results for the fourth quarter and year ended March 31, 2018.

The company has reported over 3-fold jump in its net profit at Rs 238.16 crore for the quarter ended March 31, 2018 as compared to Rs 71.01 crore for the same quarter in the previous year. Total income of the company increased by 4.23% at Rs 1320.70 crore for quarter under review as compared to Rs 1267.11 crore for the quarter ended March 31, 2017.

On consolidated basis, the company has reported a rise of 55.58% in its net profit at Rs 244.11 crore for the quarter ended March 31, 2018 as compared to Rs 156.90 crore for the corresponding quarter in the FY17. Total consolidated income of the company increased by 7.29% at Rs 1537.38 crore for quarter under review as compared to Rs 1432.88 crore for the same quarter ended previous year.

For the year ended March 31, 2018, the company has posted a rise of 23.44% in its net profit of Rs 955.19 crore as compared to Rs 773.79 crore for the previous year. Total income of company increased by 4.04% at Rs 5627.45 crore for year under review as compared to Rs 5408.75 crore for the year ended March 31, 2017.

For the year ended March 31, 2018, on the consolidated basis, the company has posted a rise of 11.90% in its net profit at Rs 962.35 crore as compared to Rs 859.99 crore for the previous year. Total consolidated income of company increased by 3.12% at Rs 6367.17 crore for year under review as compared to Rs 6174.56 crore for the year ended March 31, 2017.


Related News

View all news

Sadbhav Infrastructure Project's arm submits financial closure for Gujarat project

Sadbhav Infrastructure Project's wholly owned subsidiary -- Sadbhav Bhimasar Bhuj Highway (SBBHPL) has submitted draft financing documents to National Highways Authority of India (NHAI) in relation to......

Sunshield Chemicals gets MPCB approval to restart manufacturing activities

Sunshield Chemicals has received a communication from Maharashtra Pollution Control Board (MPCB) to restart the manufacturing activities subject to fulfilling Effluent treatment conditions.Sunshield Chemicals......

Quantum Build-Tech planning to expand, diversify business activities

Quantum Build-Tech is planning for expansion and diversification of business activities of the company. The meeting of Board of Directors of the company will be held on October 27, 2018, to consider the......

Top News

View all news

Hatsun Agro Product envisaging plans to set up dairy plant in Odisha

Hatsun Agro Product is envisaging plans to set up a dairy plant in the State of Odisha considering an attractive proposition for investment offered by the State of Odisha and has submitted 'Investment......

Tata Motors to launch new versions Tiago JPT, Tigor JPT: Report

Tata Motors is reportedly planning to launch two new versions of the car, namely, Tata Tiago JPT and Tata Tigor JPT, on October 26, 2018. In design, both cars look similar to their previous models Tiago......

Hero MotoCorp launches new Destini 125 scooter

Hero MotoCorp has launched the new Destini 125 scooter. The powerful Destini 125 aims to fortify the company's presence in the fast-growing 125cc scooter segment.The new Destini 125 will be available from......