Pidilite Industries Q4 PAT seen up 13.3% YoY to Rs. 178.2 cr: ICICI Direct

Pidilite Industries | Company reported consolidated profit at Rs 356.4 crore in Q2FY21 against Rs 325 crore, revenue rose to Rs 1,880.3 crore from Rs 1,806.6 crore YoY.

ICICI Direct has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Consumer Discretionary sector. The brokerage house expects Pidilite Industries to report net profit at Rs. 178.2 crore up 13.3% year-on-year (down 25.5% quarter-on-quarter).

Net Sales are expected to increase by 11.5 percent Y-o-Y (down 6.4 percent Q-o-Q) to Rs. 1,443.8 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 15.8 percent Y-o-Y (down 19.3 percent Q-o-Q) to Rs. 298.7 crore.

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