Pidilite Industries Ltd Reports 15.2% Drop in YoY Net Profit for Q3 FY23

Pidilite Industries Ltd, an Indian specialty chemicals manufacturer announced its results for the third quarter ended Dec 31, 2022. Q3 Results- QoQ The company’s net profit declined by 8.5% to Rs 3.04 billion for the period ended Dec 31, 2022 as against net profit of Rs 3.32 billion for the previous quarter. Net sales decreased … Read more

India’s Pidilite Industries Reports 16.9% Decline in Net Profit for Q4 FY22

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 … Read more

India’s Pidilite Reports 19.5% Decline in YoY Net Profit for Q3FY22

Pidilite Ltd., a specialty chemicals manufacturer based in India announced its results for the third quarter ended December 31, 2021. Q3 Results- QoQ The company’s net profit declined 4.27% to Rs 3.59 billion for the period ended December 31, 2021 as against net profit of Rs 3.75 billion for the previous quarter. Net sales increased … Read more

India’s Pidilite Industries Reports 722% Rise in YoY Q1FY21 Net Profit

Pidilite Industries Ltd., a specialty chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit declined 28.1% to Rs 220.07 crores ($29.6 million) for the period ended June 30, 2021 as against net profit of Rs 306.19 crores ($41.2 million) for the … Read more

India’s Pidilite Industries Net Profit Rises 94.4% in Q4 FY21

Pidilite Industries Ltd., an Indian adhesives and other specialty chemicals manufacturer has reported its financial results for the period ended March 31, 2021. Q4 Results For the quarter, the company has posted a net profit of Rs 306.19 crores ($41.8 million), a 94.4% increase as against Rs 157.53 crores ($21.5 million) during the prior-year quarter. … Read more

Pidilite Industries Completes Acquisition of Huntsman’s India Subsidiary

Pidilite Industries Ltd announced that the company has completed the acquisition of 100% stake in Huntsman Advanced Materials Solutions Private Limited (HAMSPL), on 3rd November 2020. As such, HAMSPL will now be a subsidiary of Pidilite Industries Ltd, the company said. At its meeting on October 28, the board of Pidilite Industries approved a definitive … Read more

Pidilite Industries Q4 Net Profit Drops on COVID-19 Impact

Pidilite Industries Ltd., an adhesives and sealants manufacturer based in India has reported its financial results for the period ended March 31, 2020. Q4 Results The company’s net profit fell by 33.01% to Rs 157.53 crores ($20.7 million) for the period ended March 31, 2020 as against Rs 235.14 crores ($30.9 million) for the period … Read more

Pidilite Industries Acquires Majority Stake in Tenax’s Indian Subsidiary

Pidilite Industries, an Indian manufacturer of adhesives, construction chemicals and specialty chemicals on Thursday announced acquiring majority stake in the Indian subsidiary of Italian firm Tenax SPA. Pidilite has entered into a definitive agreement with Tenax SPA for acquiring 70 per cent of the share capital of Tenax India Stone Products for cash consideration of … Read more