Pidilite Industries announced a marginal rise in consolidated net profit for the quarter ended December 2016. During the quarter, the profit of the company rose 1.71% to Rs 2,026.10 million from Rs 1,992.10 million in the same quarter last year.
Revenues for the quarter rose marginally 0.77% to Rs 14,371.70 million, compared with Rs 14,262 million for the prior year period.
Operating margin for the quarter stood at 20.24 percent as compared to 20.56 percent for the previous year period. Operating Income for the quarter was Rs 2,908.80 million, compared with Rs 2933 million in the previous year period.
Earnings per share for the quarter stood at Rs 3.95, registering 2.33% growth over previous year period.
Quarterly Results - Consolidated (Rs in mn) |
As at | Dec - 16 | Dec - 15 | %Change |
Revenues | 14,371.70 | 14,262.10 | 0.77 |
Net Profit | 2,026.10 | 1,992.10 | 1.71 |
Diluted EPS | 3.95 | 3.86 | 2.33 |
Shares of the company declined Rs 9.1, or 1.32%, to trade at Rs 681.00. The total volume of shares traded was 8,801 at the BSE (10.12 a.m., Thursday).