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Pidilite Industries reports 22% jump in Q1 net profit

24 Jul 2012 Evaluate

Pidilite Industries has reported results for first quarter ended June 30, 2012.

The company has registered a jump of 21.90% in its net profit at Rs 128 crore for the quarter under review as compared to Rs 105 crore for the same quarter in the previous year. Moreover, the net sales of the company has increased by 17.86% at Rs 990 crore for Q1FY13 as compared Rs 840 crore for the corresponding quarter previous year.

Pidilite Industries has diversified in various segments such as adhesives and sealants, construction and paint chemicals, automotive chemicals, art materials, industrial adhesives, industrial and textile resins and organic pigments and preparations. It has created brands like Fevicol, Dr Fixit, Cyclo, hobby ideas, Roff and M-Seal.

Peers
Company Name CMP
Godrej Industries 1103.20
SRF 2454.00
BASF India 3542.05
Pidilite Inds. 1522.00
Tata Chemicals 734.50
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