Pidilite Industries MD Designate Sudhanshu Vats On Q3 Earnings, Consumer Space And Growth Ahead

Pidilite Industries reported a solid 9% year-on-year (YoY) increase in net profit, reaching ₹557 crore for Q3 FY24, which ended on December 31, 2024. This marks an improvement from ₹510.9 crore in the same quarter last year. The company's revenue from operations rose by 7.6%, totaling ₹3,234.9 crore, compared to ₹3,130 crore in Q3 FY23.

At the operating level, EBITDA increased by 7.5% to ₹768.8 crore, up from ₹742 crore in Q3 FY23. The EBITDA margin remained stable at 23.7%. EBITDA (Earnings Before Interest, Tax, Depreciation, and Amortisation) highlights the company’s profitability at an operational level.

In an exclusive interview with Business Today TV, Pidilite Industries MD Designate Sudhanshu Vats discusses the company’s Q3 earnings, the consumer space, and growth strategies moving forward.