Pidilite Q2 Results Explained: Revenue Up, Margins Steady, Profit Below Forecasts

Pidilite Industries reported an 8.2% year-on-year rise in consolidated net profit to 584.6 crore for the July–September quarter, slightly below Street expectations of 608 crore. Revenue grew 9.9% to 3,554 crore, marginally ahead of estimates, while EBITDA increased 10.5% year-on-year to 850 crore. Operating margin remained steady at 23.9%, in line with the previous year’s 23.8%. The company’s results reflect strong underlying volume growth and stable margins despite a challenging macroeconomic environment.