Pidilite Industries reports 16% rise in Q1consolidated net profit

Pidilite Industries has reported results for first quarter ended June 30, 2016.

The company has reported 20.29 % rise in its net profit at Rs 272.38crore for the quarter as compared to Rs 226.43 crore for the same quarter in the previous year. Total income of the company increased by 7.73% at Rs 1512.72crore for quarter under review as compared to Rs 1404.13crore for the quarter ended June 30, 2015.

On the consolidated basis, the company has reported 16.03 % rise in its net profit after tax, minority interest and share of profit of associates at Rs 272.15crore for the quarter ended June 30, 2016 as compared to Rs 234.56 crore for the same quarter in the previous year. Total Income of the company increased by 9.17% to Rs. 1715.38crore for quarter under review from Rs. 1571.36crore for the quarter ended June 30, 2015.