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Pidilite Industries Q3 FY25 Earnings Preview: Mumbai-headquartered Pidilite Industries—a manufacturer of consumer and specialty chemical products—is set to report its quarterly financial results on Wednesday, January 22. Analysts expect Pidilite to stage a strong show for the third quarter of the current financial year, with double-digit percentage growth in its bottom-line and EBITDA along with a healthy expansion in its margin.
According to Zee Business research, Pidilite Industries is estimated to register a consolidated net profit of Rs 580 crore for the quarter ended December 31, translating to an increase of 13.7 per cent over the corresponding period a year ago.
The analysts peg its third-quarter revenue at Rs 3,375 crore, marking a year-on-year increase of 7.8 per cent.
Analysts expect Pidilite to stage an operationally strong quarterly performance.
Zee Business analysts estimate Pidilite's December-quarter earnings before interest, taxes, depreciation and amortisation (EBITDA) at Rs 825 crore, up 11.1 per cent over the year-ago period.
They expect its margin—a key measure of profitability—to expand by 70 basis points to 24.4 per cent. Its gross margin is estimated to improve by 140 bps to 54.3 per cent.
The consumer and specialty chemical product maker is likely to register growth of 9.0 per cent in sales volumes in the December quarter, according to Zee Business research.
Analysts say that the following things will be in focus in Pidilite's upcoming earnings report:
Pidilite shares have grown about 9.5 per cent in the past year, in line with a 9.1 per cent rise in the headline Nifty50 index.
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