Pidilite Industries Limited Q3FY23; 14% Fall in Profits

Pidilite Industries Limited’s revenues in Q3FY23 rose 5% to ₹ 2,987 crores. Consolidated Profit After Tax came at ₹ 308 crores showcasing a 14% fall YoY over the corresponding period. In this quarter’s results, the reports suggested that the firm has seen margins constraints due to rise in input costs.