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Pidilite Industries reports 14% fall in Q3 consolidated net profit

25 Jan 2023 Evaluate

Pidilite Industries has reported results for third quarter ended December 31, 2022 (Q3FY23).

The company has reported a fall of 17.39% in its net profit at Rs 296.26 crore for the quarter under review as compared to Rs 358.61 crore for the same quarter in the previous year. However, total income of the company increased 4.71% at Rs 2712.91 crore for Q3FY23 as compared to Rs 2590.78 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported fall of 14.34% in its net profit at Rs 307.74 crore for the quarter under review as compared to Rs 359.24 crore for the same quarter in the previous year. However, total income of the company increased 5.14% at Rs 3002.72 crore for Q3FY23 as compared to Rs 2855.89 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Godrej Industries 1034.60
SRF 2450.75
BASF India 3449.00
Pidilite Inds. 1510.85
Tata Chemicals 612.00
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