Pidilite Industries Limited Announces Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014
January 29, 2015 at 08:28 am
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Pidilite Industries Limited announced unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, on standalone basis, the company reported net sales/income from operations of INR 10,757.3 million against INR 9,586.8 million a year ago. Total income from operations (net) was INR 10,815.8 million against INR 9,649.2 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,604.2 million against INR 1,359.8 million a year ago. Profit from ordinary activities before tax was INR 1,606.7 million against INR 1,310.4 million a year ago. Net profit from ordinary activities after tax was INR 1,237.2 million or INR 2.41 per basic and diluted per share before and after extraordinary items against INR 981.1 million or INR 1.91 per basic and diluted per share before and after extraordinary items a year ago.
For the nine months, on standalone basis, the company reported net sales/income from operations of INR 34,123.6 million against INR 29,537.6 million a year ago. Total income from operations (net) was INR 34,299.4 million against INR 29,709.3 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 5,444.2 million against INR 5,109.9 million a year ago. Profit from ordinary activities before tax was INR 5,682.4 million against INR 5,193.4 million a year ago. Net profit from ordinary activities after tax was INR 4,246.4 million or INR 8.28 per basic and diluted per share before and after extraordinary items against INR 3,799.8 million or INR 7.41 per basic and diluted per share before and after extraordinary items a year ago.
For the quarter, on consolidated basis, the company reported net sales/income from operations of INR 11,963.4 million against INR 10,625.5 million a year ago. Total income from operations (net) was INR 12,021.9 million against INR 10,687.9 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,627.1 million against INR 1,372.4 million a year ago. Profit from ordinary activities before tax was INR 1,618.3 million against INR 1,295.9 million a year ago. Net profit from ordinary activities after tax was INR 1,241.4 million or INR 2.42 per diluted per share before and after extraordinary items against INR 962.4 million or INR 1.90 per basic and diluted per share before and after extraordinary items a year ago.
For the nine months, on consolidated basis, the company reported net sales/income from operations of INR 37,830.0 million against INR 32,754.3 million a year ago. Total income from operations (net) was INR 38,005.8 million against INR 32,926.0 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 5,528.2 million against INR 5,143.3 million a year ago. Profit from ordinary activities before tax was INR 5,749.9 million against INR 5,158.8 million a year ago. Net profit from ordinary activities after tax was INR 4,290.2 million or INR 8.42 per diluted per share before and after extraordinary items against INR 3,752.1 million or INR 7.35 per basic and diluted per share before and after extraordinary items a year ago.
Pidilite Industries Limited is an India-based manufacturer of adhesives and sealants, construction chemicals, craftsmen products, DIY (Do-It-Yourself) products, and polymer emulsions. The Company, together with its subsidiaries, is focused on consumer and industrial specialty chemicals. The Company's segments include Consumer and Bazaar (C&B), Business to Business (B2B), and Others. The C&B segment covers the sale of products mainly to end consumers, which are retail users such as carpenters, painters, plumbers, mechanics, households, students and offices, among others. The Company's products include adhesives, sealants, art and craft materials and construction and paint chemicals. The B2B segment includes industrial products such as adhesives, synthetic resins, organic pigments, pigment preparations, construction chemicals (projects) and surfactants, among others. It caters to various industries, such as packaging, textiles, joineries, printing inks, paper and leather, among others.
Pidilite Industries Limited Announces Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014