Pidilite Industries Q1 results show revenue up from 2712.07 crores to 3298.54 crores, a 21.62% increase in growth. EPS rise from ₹5.56 to ₹9.20, up by 65.47%.
First, Let’s Begin with Quarter-on-Quarter Basis:
Pidilite Industries shared its Q1 results on Thursday. They earned 3298.54 crores in revenue this quarter, but that’s more than the 2712.07 crores they made last quarter. The company’s growth increased by 21.62 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 468.16 crores, up from 283.03 crores in the previous quarter. Their quarter-to-quarter growth increased by 65.41 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹9.20, which is an increase of 65.47% from the ₹5.56 EPS in the previous quarter.
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 3298.54 crores this year (2023), which is 6.00 percent higher than last year’s total revenue of 3111.79 crores.
This year’s PAT (Profit After Tax) is 468.16 crores, which is also 32.39% higher than last year’s PAT of 353.61 crores.
The EPS (Earnings Per Share) for this year is ₹9.20, which is 32.37% more than the EPS of ₹6.95 earned last year.
Also Read: Manappuram Finance Q1FY24 Results: Consolidated PAT Rises to Rs. 495.89 Cr
Pidilite Industries Share Dividend Announcement / Record Date:
The record date for the dividend has not arrived yet.
About Pidilite Industries:
Based in Andheri, Mumbai, Pidilite Industries Limited is an Indian company specializing in adhesive manufacturing. Renowned as the premier adhesive company in India, Pidilite holds a dominant position in the industry.
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