Pidilite Industries has declared a dividend of Rs 20.00 per equity share for FY2025, subject to shareholder approval. The company's Q4 FY2024 results show strong growth with revenue up 8.20% to Rs 3,141.00 crore, EBITDA increasing 9.60% to Rs 632.50 crore, and net profit surging 41.00% to Rs 422.30 crore year-over-year. This performance demonstrates Pidilite's market strength and operational efficiency in the adhesives and construction chemicals sector.
Pidilite Industries announced its Q4 FY2023 results, showing significant growth but falling short of market expectations. The company's consolidated net profit increased by 40.50% YoY to ₹427.50 crore, while revenue grew by 8.20% to ₹3,141.00 crore. EBITDA rose by 9.60% to ₹623.50 crore, with the EBITDA margin improving slightly to 20.10%. Despite the growth, the figures were below analyst estimates. The company also declared a dividend of ₹20.00 per equity share.
01Apr 25
Pidilite Industries Ushers in New Era with Leadership Overhaul
Pidilite Industries has appointed Sudhanshu Vats as new Managing Director and Kavinder Singh as Joint Managing Director, effective April 10, 2025. Current MD Bharat Puri will transition to a Non-Executive and Non-Independent Director role for three years. These changes mark a significant shift in the company's top leadership after Puri's decade-long tenure.