Pidilite Industries reports 8% fall in Q2 consolidated net profit

Pidilite Industries has reported results for second quarter ended September 30, 2018.

The company has reported a fall of 6.26% in its net profit at Rs 244.62 crore for the quarter under review as compared to Rs 260.95 crore for the same quarter in the previous year. However, total income of the company increased by 11.64% at Rs 1,561.51 crore for Q2FY19 as compared Rs 1,398.75 crore for the corresponding quarter previous year.

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On the consolidated basis, the company has reported a fall of 8.05% in its net profit at Rs 231.63 crore for the quarter under review as compared to Rs 251.91 crore for the same quarter in the previous year. However, total income of the company increased by 14.16% at Rs 1,785.07 crore for Q2FY19 as compared Rs 1,563.64 crore for the corresponding quarter previous year.