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Earnings

Pidilite Q3 earnings: Net profit likely to grow 15%

Updated : January 29, 2020 12:25 PM IST

Fevicol maker Pidilite Industries is set to declare its third-quarter results on Wednesday. Q3 will be crucial for the company as the last quarter was disappointing.

Here's what to expect from the company in the third quarter:

  • The revenue is likely to grow at a weak rate of 5 percent to Rs 1,950 crore.

  • The street expects 3-4 percent growth in volumes on an overall basis.

  • The EBITDA is likely to grow at 14.3 percent considering 400-500 bps expansion in the company’s gross margins.

  • The net profit is likely to see a growth of 15 percent at around Rs 250 crore odd.
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