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.