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

Updated : November 03, 2020 17:04:40 IST

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.

Watch the video to know more.
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