Moneycontrol
HomeNewsBusinessEarningsPidilite Industries: Strong competitive moat with overly stretched valuation
Trending Topics
Reliance Q2 Results Live
Tata Technologies Q2 Results
JSW Steel Q2 Results
Central Bank Q2 Results
Nestle India Q2 Results

Pidilite Industries: Strong competitive moat with overly stretched valuation

Sachin Pal & Neha Gupta   •

Pidilite Industries, which owns the popular Fevicol brand, registered a strong revenue growth in Q1FY23. Operating margins continue to remain under pressure from rising input costs, which are likely to affect the upcoming quarters as well

Pidilite Industries net profit rose 17% year on year to Rs 254 crore. Pidilite Industries Ltd reported a 17.3% decline in its net profit for the March quarter to Rs 254 crore from Rs 308 crore a year ago. Revenue for the quarter rose 12% year on year to Rs 2507 crore versus Rs 2235 crore last year. Total cost rose 18% year on year to Rs 2178 crore.

To read the full story,

Subscribe to Moneycontrol PRO
  • Ad-free Experience
  • Access Exclusive Stories
  • Weekly Investment Ideas
  • Daily Technical Calls

Are you a PRO subscriber? Sign In

What Do You Get

  • Ad free Experience

    Seamless navigation, faster responses.

  • Expert Perspective

    Explore 230+ exclusive editorials every month

  • +

    Uncover Insights from World-Renowned Experts and Journalists

  • Actionable Insights

    40+ weekly investment ideas + 3 to 4 daily technical calls

  • Virtual Events

    Exclusive Live Webinars for Expert Trading & Investment Strategies!

  • Newsletters

    Stay ahead with daily and weekly insights

View Offers

Unlock exclusive discounts

Disclosure & Disclaimer

This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More