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Analysts expect subdued revenues growth as demand is yet to pick up. According to analysts polled by CNBC-TV18, revenue is expected to increase 7.6 percent to Rs 1,446 crore in the quarter ended June compared to Rs 1,344 crore in the year-ago period.
Pidilite Industries reported a 27.88 percent increase in consolidated net profit at Rs 124.36 crore for the third quarter ended December 31, 2014.
Pidilite Industries' third quarter consolidated profit is expected to increase 33 percent year-on-year to Rs 129.3 crore, according to the average of estimates of analysts polled by CNBC-TV18.
The standalone business growth was led by growth in consumer and bazaar segment, said Sandeep Batra of Pidilite Industries.
Pidilite Industries Q3 consolidated net profit stood at Rs 97.2 crore and consolidated net sales were at Rs 1,062 crore on a year-on-year basis.
Motilal Oswal has come out with its earnings estimates for consumer sector for the quarter ended December 2012. The research firm feels the EBITDA is likely to grow by 21.3 percent led by margin expansion in Hindustan Unilever, ITC, Asian Paints, Nestle, GSK Consumer and Marico.
Motilal Oswal has come out with its earnings estimates on consumer sector for September quarter FY13. According to the research firm, steep INR depreciation has negated the impact in many commodities, prices of which are linked globally.
Fast moving consumer goods companies seem to have ridden the economic slowdown quite well, and are expected to report a strong growth in volumes, even as firms hiked some product prices to offset high input costs.
Motilal Oswal has come with its December quarterly earning estimates for consumer sector.
The FMCG sector has been a stellar performer amid the overall volatility on the street this year. But will the second quarter results lead to further outperformance or will the rally pause?
Speaking exclusively to CNBC-TV18, Sandeep Batra, CFO of Pidilite says that the company sees a likely repeat of FY11 performances in its guidance for this year. The chemicals and adhesive maker is witnessing headline inflation on input costs and a significant increase in commodity prices, which Batra says has impacted the margins of the company.