Pidilite Industries Limited Reports Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2017
January 24, 2018 at 07:20 am
Share
Pidilite Industries Limited reported unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2017. For the quarter, on standalone basis, reported revenue from operations of INR 13,757.7 million compared to INR 12,422.5 million a year ago. Profit before exceptional items and tax was INR 3,528.8 million compared to INR 2,800.6 million a year ago. Profit before tax was INR 3,528.8 million compared to INR 2,800.6 million a year ago. Net profit was INR 2,390.0 million or INR 4.66 per basic and diluted share (not annualized) compared to INR 2,042.5 million or INR 3.98 per basic and diluted share (not annualized) a year ago. EBITDA, before non-operating income at INR 3,590 million is higher by 28.9% over the same quarter last year.
For the nine months, on standalone basis, reported revenue from operations of INR 42,173.3 million compared to INR 40,598.5 million a year ago. Profit before exceptional items and tax was INR 10,534.9 million compared to INR 9,807.4 million a year ago. Profit before tax was INR 10,534.9 million compared to INR 9,807.4 million a year ago. Net profit was INR 7,170.3 million or INR 13.98 per basic and diluted share (not annualized) compared to INR 7,027.9 million or INR 13.70 per diluted share (not annualized) a year ago.
For the quarter, on consolidated basis, reported revenue from operations of INR 15,429.0 million compared to INR 14,371.7 million a year ago. Profit before tax was INR 3,584.5 million compared to INR 2,819.3 million a year ago. Profit attributable to shareholders of the company was INR 2,398.4 million or INR 4.68 per basic and diluted share (not annualized) compared to INR 2,024.3 million or INR 3.95 per basic and diluted share (not annualized) a year ago. EBITDA, before non-operating income stood at INR 3,720 million for the quarter and grew by 28% over same quarter last year.
For the nine months, on consolidated basis, reported revenue from operations of INR 47,334.5 million compared to INR 46,579.9 million a year ago. Profit before tax was INR 10,655.8 million compared to INR 9,939.1 million a year ago. Profit attributable to shareholders of the company was INR 7,182.4 million or INR 14.00 per diluted share (not annualized) compared to INR 7,030.9 million or INR 13.71 per basic and diluted share (not annualized) 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 Reports Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2017
PIDILITE INDUSTRIES LIMITED 
