'Consolidated net sales (including other
operating income) of Pidilite Industries has increased 7.91% to Rs 2901.85
crore. Sales of Consumer & Bazaar
Products segment has gone up 6.36% to Rs 2,247.22 crore (accounting for 75.74%
of total sales). Sales of Business to
Business segment has gone up 11.66% to Rs 707.90 crore (accounting for 23.86%
of total sales). Sales of Others segment
fell 43.03% to Rs 11.77 crore (accounting for 0.40% of total sales). Inter-segment sales came down from Rs 78.15
crore to Rs 65.04 crore.
For the current quarter, UVG (underlying
volume growth) was 15.2% with 12.7% UVG in C&B businesses and 25.2% UVG in
B2B businesses. Gross Margin in the quarter was higher by 691 bps compared to
last year same quarter. Higher investment in brands and customer facing
initiatives continued during the current quarter. As a result,...
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