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Pidilite Industries reports 32% rise in Q1 consolidated net profit

10 Aug 2023 Evaluate

Pidilite Industries has reported results for first quarter ended June 30, 2023 (Q1FY24). 

The company has reported 40.25% rise in its net profit at Rs 467.51 crore for the quarter under review as compared to Rs 333.35 crore for the same quarter in the previous year. Total income of the company increased by 6.79% at Rs 2990.59 crore for Q1FY24 as compared Rs 2800.45 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 32.49% rise in its net profit at Rs 473.69 crore for the first quarter ended June 30, 2023 as compared to Rs 357.52 crore for the same quarter in the previous year. Total income of the company increased by 6.00% at Rs 3298.54 crore for Q1FY24 as compared Rs 3111.79 crore for the corresponding quarter previous year.

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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