Pidilite Industries Ltd., a specialty chemicals manufacturer based in India has reported financial results for the period ended March 31, 2022.
Q4 Results
The company’s net profit declined by 16.9% to Rs 2.54 billion for the period ended March 31, 2022 as against Rs 3.06 billion for the period ended March 31, 2021.
Net sales increased by 11.8% to Rs 25.18 billion during the period ended March 31, 2022 as compared to Rs 22.52 billion during the period ended March 31, 2021.
Full-Year Results
The company’s net profit increased by 6.7% to Rs 12.07 billion for the full-year period ended March 31, 2022 as against Rs 11.31 billion for the full-year period ended March 31, 2021.
The company has reported net sales of Rs 99.57 billion during the full-year period ended March 31, 2022, an increase of 35.1% as compared to Rs 73.72 billion during the full-year period ended March 31, 2021.
The company has reported EPS of Rs 23.75 for the full-year period ended March 31, 2022 as compared to Rs 22.24 for the full-year period ended March 31, 2021.
Pidilite Industries Ltd is mainly engaged in the business of manufacture and selling of adhesive, industrial and construction chemicals.