Pidilite Inds 'seals' a good quarter
By
Ruma Dubey
about 7 years ago
The makers of Fevicol, Pidilite Industries rose 3.5% to Rs.794.25 with some 50,000 shares changing hands compared to 2-week average volume of 28,000. Its 52-week high is at Rs.867.40 and low at Rs.568.75.
The company reported a 9.5% (YoY) rise in consolidated net profit at Rs.253 crore on a net revenue of Rs.1514 crore, up 9%.
This was driven largely by a 15% growth in sales volume and mix of consumer & bazaar products though volume and sales mix of industrial products showed a 1% decline.