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Pidilite Ind. Q2FY23; 10% Fall in Profits

Pidilite Industries Limited‘s net sales in Q2FY23 rose 15% to ₹ 3,000 crores. Consolidated Profit came at ₹ 338 crores showcasing a 10% fall YoY over the corresponding period.

In this quarter’s investor presentation, the reports suggested that the firm has observed a fall in profits due to a drastic rise in input costs across all categories.

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