Broad-based volume growth; in-line EBITDA

Company
25 Jan 2024
5 Min read 
  • Pidilite Industries reported healthy volume growth and in-line EBITDA in 3QFY24.
  •  The Consumer and B2B segments both saw robust double-digit volume growth.
  •  Rural and small-town markets outpaced urban markets in terms of growth.
  •  Gross margin expanded by 1,100bp YoY to 52.9% due to benign raw material prices.
  •  Pidilite remains committed to investing in brand and customer engagement.
  •  The lending business pilot is underway and will be launched in a southern Indian city in Feb24.
Login / Open Demat Account to read the report

Never Miss Out on Hot Market Updates

Get exclusive market news delivered to your inbox - on priority