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Pidilite Industries reports 28% jump in Q2 net profit

31 Oct 2012 Evaluate

Pidilite Industries has reported results for second quarter ended September 30, 2012.

The company has reported 27.58% rise in its net profit at Rs 104.02 crore for the quarter ended September 30, 2012 as compared to Rs 81.53 crore for the same quarter in the previous year. Total income of the company has increased by 16.80% at Rs 833.02 crore for quarter under review as compared to Rs 713.19 crore for the quarter ended September 30, 2011.

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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