Published on 06/08/2025 03:00 PM
Pidilite Q1 Results: Volume growth at higher end of the range; board approves bonus, special dividendPidilite's Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter grew to ₹941 crore, a jump of 16% year-on-year, higher than the CNBC-TV18 poll estimate of ₹874 crore.By Hormaz Fatakia August 6, 2025, 3:00:51 PM IST (Updated)2 Min ReadAdhesive manufacturer Pidilite Industries Ltd. reported June quarter results on Wednesday, August 6, which surpassed expectations, and were also higher on a year-on-year basis.
Pidilite's volume growth for the June quarter stood a 9.9%, which is at the higher end of the 8% to 10% range that the CNBC-TV18 poll had projected.
The company's net profit increased by 18.7% from last year to ₹678 crore, which was higher than the CNBC-TV18 poll estimate of ₹617 crore.
Revenue for the quarter increased by 10.5% on a year-on-year basis to ₹3,753 crore, which was also marginally higher than the CNBC-TV18 poll estimate of ₹3,700 crore.
Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter grew to ₹941 crore, a jump of 16% year-on-year, higher than the CNBC-TV18 poll estimate of ₹874 crore.
EBITDA margin for the quarter grew by 110 basis points from last year to 25%, and was also higher than the poll estimate of 23.6%.
In addition to the numbers, Pidilite's board has approved a bonus issue of one share for every one share held as on the record date, which is yet to be decided. It also approved a special dividend of ₹10 per share, and the record date for that has been fixed at August 13.
Shares of Pidilite Industries are trading 1.4% higher after the results announcements at ₹3,037.3.Continue ReadingFirst Published: Aug 6, 2025 2:47 PM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!Tags