.shareit

Home // ALLIED

Demand Rise Boosts Pidilite's Growth

BY Realty Plus

Share It

Pidilite, was among the standout performers in the September quarter. While the company beat Street estimates in Q2 comfortably, even on a two-year basis, it posted the fastest growth across consumer majors on the revenue and the operating profit metrics. Aided by a rebound in construction activity, higher pent-up demand, and market share gains, the company posted a 40 per cent YoY growth in revenues at Rs2,626 crore. This was over 12 per cent higher than consensus estimates.

Share It

Tags : ALLIED construction growth revenue Pidilite Profit Metrics