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Pidilite Industries Q1 Profit up 19% to ₹678 Cr

The company, which manufactures adhesives, sealants and construction chemicals, had logged a profit of ₹571.27 crore in the April-June period a year ago

Pidilite Industries
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Summary
Summary of this article
  • Pidilite Industries posted an 18.7% rise in consolidated net profit to ₹678.13 crore, with revenue growing 10.5% to ₹3,753.1 crore.

  • The Consumer & Bazaar segment revenue rose 9.7%, while the B2B segment saw an 11.2% increase.

Pidilite Industries on Wednesday reported 18.7% rise in consolidated net profit at ₹678.13 crore for the June quarter of FY26, helped by volume growth and healthy operating margins.

The company, which manufactures adhesives, sealants and construction chemicals, had logged a profit of ₹571.27 crore in the April-June period a year ago, according to a regulatory filing by Pidilite Industries.

Revenue from operations was up 10.53% to ₹3,753.1 crore in the June quarter of FY26.

The "revenue growth of 10.6% was underpinned by UVG (Underlying Volume Growth) of 9.9% across categories and geographies," said Pidilite Industries in its earnings statement.

Gross margins were in line with Q1 last year, however, EBITDA margins improved by 101 basis points, it added.

Pidilite Industries said revenue from its 'Consumer & Bazar' segment was up 9.7% to ₹3,006.7 crore. Revenue from its B2B segment was up 11.17% to ₹806.63 crore.

“Consumer & Bazaar reported sequentially improved UVG of 9.3%. B2B UVG of 12.6% was the eighth consecutive quarter of double-digit UVG," said Pidilite Industries.

Total expenses were at ₹2,922.57 crore, up 9% in the June quarter. Total income, which includes other income, was up 11.3% to ₹3,838.81 crore.

“Despite the challenging macro-economic demand environment, we have delivered strong underlying volume growth and healthy operating margins," Managing Director Sudhanshu Vats said.

"As we look ahead, we continue to remain cautiously optimistic as the domestic operating environment improves with good monsoons, steady demand conditions, especially in the construction sector, lower interest rates and recent measures to improve liquidity,” he added.

However, the company also remains watchful of geopolitical developments with its likely impact on supply chain disruptions and uncertainty around global tariffs, Vats said.

Meanwhile, in a separate filing, Pidilite Industries said its board has approved a special interim dividend of ₹10 per equity share of Re 1 each for 2025-26.

Shares of Pidilite Industries on Wednesday settled at ₹3,044 apiece on BSE, up 1.55%. 

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