Pidilite Industries Q4 profit up 10.34% to Rs 80.64 cr

PTI New Delhi | Updated on January 23, 2018 Published on May 19, 2015

Adhesives and industrial chemicals manufacturer Pidilite Industries on Tuesday reported 10.34 per cent increase in its consolidated profit at Rs 80.64 crore for the fourth quarter ended March 31, 2015.

It had posted a consolidated net profit of Rs 73.08 crore in the same period of last year, Pidilite Industries said in a filing to the BSE.

The company’s net sales on a consolidated basis also increased 5.27 per cent to Rs 1,037.44 crore during the January—March quarter as against Rs 985.47 crore a year ago.

For the full fiscal ended March 2015, Pidilite Industries’ consolidated net profit rose 13.95 per cent to Rs 512.56 crore as against Rs 449.80 crore in the previous fiscal.

Its consolidated net sales also increased 13.14 per cent to Rs 4,820.44 crore in 2014—15 as against Rs 4,260.59 crore in 2013—14.

Meanwhile, in a separate filing, Pidilite Industries has informed that its Board has recommended a dividend of Rs 2.90 per equity Share of Re 1 each.

The company’s shares today closed 3.86 per cent up at Rs 595.20 per scrip on the BSE.

Published on May 19, 2015

A letter from the Editor

Dear Readers,

The coronavirus crisis has changed the world completely in the last few months. All of us have been locked into our homes, economic activity has come to a near standstill. Everyone has been impacted.

Including your favourite business and financial newspaper. Our printing and distribution chains have been severely disrupted across the country, leaving readers without access to newspapers. Newspaper delivery agents have also been unable to service their customers because of multiple restrictions.

In these difficult times, we, at BusinessLine have been working continuously every day so that you are informed about all the developments – whether on the pandemic, on policy responses, or the impact on the world of business and finance. Our team has been working round the clock to keep track of developments so that you – the reader – gets accurate information and actionable insights so that you can protect your jobs, businesses, finances and investments.

We are trying our best to ensure the newspaper reaches your hands every day. We have also ensured that even if your paper is not delivered, you can access BusinessLine in the e-paper format – just as it appears in print. Our website and apps too, are updated every minute, so that you can access the information you want anywhere, anytime.

But all this comes at a heavy cost. As you are aware, the lockdowns have wiped out almost all our entire revenue stream. Sustaining our quality journalism has become extremely challenging. That we have managed so far is thanks to your support. I thank all our subscribers – print and digital – for your support.

I appeal to all or readers to help us navigate these challenging times and help sustain one of the truly independent and credible voices in the world of Indian journalism. Doing so is easy. You can help us enormously simply by subscribing to our digital or e-paper editions. We offer several affordable subscription plans for our website, which includes Portfolio, our investment advisory section that offers rich investment advice from our highly qualified, in-house Research Bureau, the only such team in the Indian newspaper industry.

A little help from you can make a huge difference to the cause of quality journalism!

Support Quality Journalism
This article is closed for comments.
Please Email the Editor
You have read 1 out of 3 free articles for this week. For full access, please subscribe and get unlimited access to all sections.