India's Pidilite Industries rises on third-quarter profit jump

Pidilite Industries

04/02/2026 05:40

** Shares of Pidilite Industries PIDI.NS rise 1.6% to 1,450.30 rupees

** The adhesives, sealants, and construction chemicals maker's third-quarter consol net profit rose 11.9% Y/Y to 6.18 billion rupees ($68.3 million)

** Third-quarter consol revenue up 10.1% Y/Y at 37.1 billion rupees

** "Domestic operating environment will further improve, aided by favourable monsoons and the continued indirect impact of GST 2.0 on our demand," Managing Director Sudhanshu Vats says

** Trading vols 1.7x the 30-day average at 1 million shares

** PIDI stock up 2.4% in 2025

($1 = 90.4510 Indian rupees)

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))