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08-Aug-2024

Pidilite Industries

Volume growth was 9.6%


'Consolidated net sales (including other operating income) of Pidilite Industries has increased 3.67% to Rs 3395.35 crore.  For the quarter, underlying volume growth (UVG) was 9.6% with B2B businesses reporting UVG of 18% driven by both domestic and export segments. Consumer and Bazaar (C&B) businesses UVG was 8%. The growth in Emerging India continued to be higher than in urban markets. Value growth lagged UVG due to pricing actions taken as a result of softer input prices.

Sales of Consumer & Bazaar Products segment has gone up 3.01% to Rs 2,740.83 crore (accounting for 78.77% of total sales).  Sales of Others segment fell 40.17% to Rs 12.96 crore (accounting for 0.37% of total sales).  Inter-segment sales came down from Rs 85.45 crore to Rs 84.02 crore. 

Profit before interest, tax and other unallocable items (PBIT) has jumped 14.44% to Rs 91...



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