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Pidilite Industries slips despite reporting 5% rise in Q1 consolidated net profit

02 Aug 2018

Pidilite Industries is currently trading at Rs. 1104.00, down by 24.70 points or 2.19% from its previous closing of Rs. 1128.70 on the BSE.

The scrip opened at Rs. 1120.00 and has touched a high and low of Rs. 1120.00 and Rs. 1082.90 respectively. So far 51769 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1194.00 on 30-May-2018 and a 52 week low of Rs. 748.75 on 08-Nov-2017.

Last one week high and low of the scrip stood at Rs. 1147.50 and Rs. 1,082.90 respectively. The current market cap of the company is Rs. 55860.26 crore.

The promoters holding in the company stood at 69.76%, while Institutions and Non-Institutions held 19.91% and 10.33% respectively.

Pidilite Industries has reported a rise of 22.96% in its net profit of Rs 266.93 crore for the quarter under ended June 30, 2018 as compared to Rs 217.08 crore for the same quarter in the previous year. Total income of the company increased by 9.93% at Rs 1,672.81 crore for Q1FY19 as compared Rs 1,521.76 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 5.38% in its net profit of Rs 238.67 crore for the quarter under ended June 30, 2018 as compared to Rs 226.49 crore for the same quarter in the previous year. Total consolidated income of the company increased by 8.98% at Rs 1,866.20 crore for Q1FY19 as compared Rs 1,712.49 crore for the corresponding quarter previous year.

Related Pidilite Industries Ltd. Links:

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2146.65 -3.10 (-0.14%) Jun 22, 18:01
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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