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Indian-Commodity  :  Top News  :  Pidilite Industries reports 17% fall in Q1 consolidated net profit

Pidilite Industries reports 17% fall in Q1 consolidated net profit (26-Jul-2017)

Pidilite Industries has reported results for first quarter ended June 30, 2017.

The company has reported 20.30% fall in its net profit at Rs 217.08 crore for the quarter under review as compared to Rs 272.38 crore for the same quarter in the previous year. However, the total income of the company increased marginally by 0.60% at Rs 1521.76 crore for Q1FY18 as compared Rs 1512.72 crore for the corresponding quarter previous year.

On consolidate basis, the company has reported 16.77% fall in its net profit at Rs 226.51 crore for the quarter ended June 30, 2017 as compared to Rs 272.15 crore for the corresponding quarter in the FY17. Total consolidated income of the company decreased marginally by 0.17% at Rs 1712.49 crore for quarter under review as compared to Rs 1715.38 crore for the same quarter in the previous year.


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