Pidilite Industries Q1 Results FY2023, PAT at Rs. 357.52 crores

Pidilite Industries Q1 Results FY2023

by Shreya Anaokar Last Updated: Dec 12, 2022 - 03:59 am 20.9k Views
Listen icon

On 10th August 2022, Pidilite Industries announced its quarterly results for the first quarter of FY2023.

Q1FY23 Key Highlights:

- Net sales at Rs. 3,091 Crores grew by 60% over the same quarter last year. 

- EBITDA before non-operating income at Rs. 529 Crores grew by 52% over the same quarter last year. 

- Profit before Tax and Exceptional items (PBT) at Rs. 473 Crores grew by 63% over the same quarter last year. 

- Profit after tax (PAT) at Rs. 357.52 Crores grew by 64% over the same quarter last year. 

Commenting on the quarter performance, Mr. Bharat Puri, Managing Director, Pidilite Industries Ltd, said: “In this quarter, we have recorded robust value and volume growths which have been broad-based across businesses, categories and geographies. While input costs have continued to be high during this quarter, EBITDA margins remained constant sequentially on account of calibrated pricing, increased sales and effective cost management actions. While the near term remains challenging, we remain cautiously optimistic on the medium term given the recent softening of input prices led by lower oil prices, a good monsoon and continued good demand conditions in the housing and home improvement sector. Our focus continues to be to deliver broad based profitable volume growth.”


Share Market Today

How do you rate this article?

Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage


About the Author

Shreya Anaokar is a Content Writer at 5paisa. She has completed her Master’s in Finance and Graduation in Statistics from the University of Mumbai. 


Investment/Trading is subject to market risk, past performance doesn’t guarantee future performance. The risk of trading/investment loss in securities markets can be substantial. Also, the above report is compiled from data available on public platforms.
Open Free Demat Account
Resend OTP
Please Enter OTP
Mobile No. belongs to

By proceeding, you agree to the T&C.

Latest News
Mukka Proteins IPO Anchor Allocation at 30%

About the Mukka Proteins IPO The st

Owais Metal and Mineral Processing IPO subscribed 221.18 times

About the Owais Metal and Mineral Processing IPO

Juniper Hotels IPO Lists 1.39% higher, then hits upper circuit

Juniper Hotels IPO opens higher, hits upper circuit