Pidilite Industries Limited Reports Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2013
January 28, 2014 at 05:09 pm
Share
Pidilite Industries Limited reported unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2013. For the quarter, on standalone basis, the company reported profit from operations before other income, finance costs and exceptional items of INR 1,366.4 million, profit before tax of INR 1,310.4 million and net profit of INR 981.1 million or INR 1.91 per basic and diluted share on total income from operations of INR 9,649.2 million against profit from operations before other income, finance costs and exceptional items of INR 1,372.2 million, profit before tax of INR 1,654.6 million and net profit of INR 1,241.9 million or INR 2.43 per basic and diluted share on total income from operations of INR 8,375.6 million reported a year ago.
For the nine months period, on standalone basis, the company reported profit from operations before other income, finance costs and exceptional items of INR 5,130.6 million, profit before tax of INR 5,193.4 million and net profit of INR 3,799.8 million or INR 7.41 per basic and diluted share on total income from operations of INR 29,709.3 million against profit from operations before other income, finance costs and exceptional items of INR 4,494.8 million, profit before tax of INR 4,852.3 million and net profit of INR 3,615.9 million or INR 7.11 per basic and diluted share on total income from operations of INR 25,708.9 million reported a year ago.
For the quarter, on consolidated basis, the company reported profit from operations before other income, finance costs and exceptional items of INR 1,379.0 million, profit before tax of INR 1,295.9 million and net profit of INR 962.4 million or INR 1.90 per basic and diluted share on total income from operations of INR 10,687.9 million against profit from operations before other income, finance costs and exceptional items of INR 1,313.2 million, profit before tax of INR 1,595.9 million and net profit of INR 1,182.6 million or INR 2.31 per basic and diluted share on total income from operations of INR 9,317.9 million reported a year ago.
For the nine months period, on consolidated basis, the company reported profit from operations before other income, finance costs and exceptional items of INR 5,164.0 million, profit before tax of INR 5,158.8 million and net profit of INR 3,752.1 million or INR 7.35 per basic and diluted share on total income from operations of INR 32,926.0 million against profit from operations before other income, finance costs and exceptional items of INR 4,306.3 million, profit before tax of INR 4,655.0 million and net profit of INR 3,417.6 million or INR 6.72 per basic and diluted share on total income from operations of INR 28,390.8 million reported a year ago.
Pidilite Industries Limited is an India-based manufacturer of adhesives and sealants, construction chemicals, craftsmen products, DIY (Do-It-Yourself) products, and polymer emulsions. The Company, together with its subsidiaries, is focused on consumer and industrial specialty chemicals. The Company's segments include Consumer and Bazaar (C&B), Business to Business (B2B), and Others. The C&B segment covers the sale of products mainly to end consumers, which are retail users such as carpenters, painters, plumbers, mechanics, households, students and offices, among others. The Company's products include adhesives, sealants, art and craft materials and construction and paint chemicals. The B2B segment includes industrial products such as adhesives, synthetic resins, organic pigments, pigment preparations, construction chemicals (projects) and surfactants, among others. It caters to various industries, such as packaging, textiles, joineries, printing inks, paper and leather, among others.
Pidilite Industries Limited Reports Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2013