Pidilite Industries reports 56% rise in Q4 consolidated net profit

25 May 2018

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.

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