Pidilite Industries Limited reported a muted result for the quarter ended December 2016.
In an interview with CNBC-TV18, Apurva Parekh, Executive Director, Pidilite Industries, said the company's consumer and bazaar business has grown 15 percent historically and they are working towards achieving the growth rates again.
In the medium-term, the company would strive to achieve the historical growth of 15 percent, said Apurva Parekh, Director, Pidilite Industries.
Adhesives and industrial chemicals manufacturer Pidilite Industries reported 49.34 percent increase in consolidated net profit at Rs 185.72 crore for the third quarter ended December 31.
Apurva Parekh, Director of Pidilite Industries says the company‘s exports have seen a slowdown and revenues were down amongst a couple of products in the company‘s portfolio.