Pidilite Industries to announce Q2 earnings tomorrow; here's what to expect

Pidilite Industries, the manufacturer of the popular Fevicol brand of adhesives and sealants, is scheduled to announce its September quarter earnings of FY21 (Q2FY21) on Wednesday (November 4).

CNBC-TV18 expects the revenues to be muted with a 6.5 percent decline. However, earnings before interest, taxes, depreciation, and amortization (EBITDA) is expected to grow by 2 percent because of lower input costs and the cost-cutting measures taken by the company.

Meanwhile, the net profit is expected to be around Rs 275 crore.