Pidilite Industries announced a steady growth in consolidated net profit for the quarter ended September 2016. During the quarter, the profit of the company rose 13.15% to Rs 2,312.30 million from Rs 2,043.60 million in the same quarter previous year.
Revenues for the quarter rose 16.13% to Rs 16,295.10 million, compared with Rs 14,031 million for the prior year period.
Operating margin for the quarter stood at 19.79 percent as compared to 21.45 percent for the previous year period. Operating Income for the quarter was Rs 3,225.40 million, compared with Rs 3009.6 million in the previous year period.
Earnings per share for the quarter stood at Rs 4.50, registering 13.92% growth over previous year period.
| Quarterly Results - Consolidated (Rs in mn) |
| As at | Sep - 16 | Sep - 15 | %Change |
| Revenues | 16,295.10 | 14,031.20 | 16.13 |
| Net Profit | 2,312.30 | 2,043.60 | 13.15 |
| Diluted EPS | 4.50 | 3.95 | 13.92 |
Shares of the company declined Rs 15.25, or 2.21%, to trade at Rs 676.35. The total volume of shares traded was 139,481 at the BSE (3.53 p.m., Wednesday).
