India's Pidilite Industries profit surges 37% on steady adhesive demand

Pidilite Industries

07/05/2026 15:49

May 7 (Reuters) - India's Pidilite Industries PIDI.NS posted a 37% rise in quarterly profit on Thursday, helped by steady demand for its adhesives and sealants.

Here are some details:

The firm owns brands such as Fevicol and Dr. Fixit.

Consolidated net profit rose to 5.79 billion rupees ($61.43 million) in the quarter ended March 31, from 4.22 billion rupees a year ago.

Revenue rose 14% to 35.83 billion rupees.

The consumer and bazaar segment, which has adhesives, glues and sealants and accounts for over 76% of the topline, posted a 15% revenue growth.

Overall expenses rose 9%, with raw material costs rising 8%.

($1 = 94.2500 Indian rupees)

 (Reporting by Mridula Kumar and Aleef Jahan in Bengaluru; Editing by Mrigank Dhaniwala)

 ((mridula.kumar@thomsonreuters.com))