Pidilite Industries reports 27% rise in Q4 net profit

29 May 2013

Pidilite Industries reported results for the fourth quarter and year ended March 31, 2013.

The company has reported a rise of 39.69% in its net profit at Rs 99.17  crore in Q4FY13 as compared to net profit of Rs 70.99 crore in the same quarter previous year.  Total income from operation of the company has increased by 16.70% to Rs 760.80 crore as compared to Rs 651.91 crore in corresponding quarter last year.

On consolidated basis, the company has reported a rise of 27.11% in its net profit after taxes, Minority Interest and share of Profit / (Loss) of Associates at Rs 81.31  crore in Q4FY13 as compared to net profit of Rs 63.97 crore in the same quarter previous year.  Total income from operation of the company has increased by 16.60% to Rs 839.03 crore as compared to Rs 719.58 crore in corresponding quarter last year.

For the year ended March 31, 2013, the company has registered 37.74% rise in its net profit at Rs 460.76 crore in FY13 as against Rs 334.50 crore in previous years. Total income from operation of the company has increased to Rs 3331.69 crore as compared to Rs 2816.33 crore in FY12,up by 18.30%.

On consolidated basis, for the full year ended March 31, 2013, the company has posted a 30.71% rise in its net profit after taxes, Minority Interest and share of Profit / (Loss) of Associates at Rs 423.99 crore under year under review as compared to Rs 324.38 crore in FY12. Total income has increased by 17.64% at Rs 3678.11 crore for year under review as compared to Rs 3126.58 crore for the period ended March 31, 2012.

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