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Pidilite Industries reports 36% rise in Q2 consolidated net profit

09 Nov 2023 Evaluate

Pidilite Industries has reported results for second quarter ended September 30, 2023 (Q2FY24). 

The company has reported 35% rise in its net profit at Rs 454.79 crore for the quarter under review as compared to Rs 336.88 crore for the same quarter in the previous year. Total income of the company increased by 2.66% at Rs 2816.57 crore for Q2FY24 as compared to Rs 2743.52 crore for the corresponding quarter previous year. 

On consolidated basis, the company has reported 35.76% rise in its net profit at Rs 458.53 crore for Q2FY24 as compared to Rs 337.75 crore for the same quarter in the previous year. Total income of the company increased by 2.83% at Rs 3107.63 crore for Q2FY24 as compared to Rs 3022.13 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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