'Consolidated net sales (including other
operating income) of Pidilite Industries has increased 4.42% to Rs 3129.99
crore in Q3FY24 compared to Q3FY23. The
current quarter`s revenue growth was aided by robust UVG (underlying volume
growth) of 10.4% across categories and geographies. This growth was broad based
across Consumer and Bazaar (C&B) and Business to Business (B2B) segments
with both segments reporting double digit UVG. Both Urban and Rural markets
grew with rural and small town markets outpacing urban growth. Export demand
remained strong with double digit UVG. Standalone revenue for the quarter grew
by 5% led by strong UVG across categories and geographies. C&B segment grew
by 5.5% and B2B grew by 4.6%.
Sales of Consumer & Bazaar Products
segment has gone up 4.94% to Rs 2,541.27 crore (accounting for 79.71% of total
sales).
Sales of Business to Business
segment has gone up 6.24% to Rs 637.32 crore (acco...
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