Pidilite Industries Limited Announces Audited Consolidated Cash Flow Results for the Year Ended March 31, 2017
August 02, 2017 at 08:49 am EDT
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Pidilite Industries Limited announced audited consolidated cash flow results for the year ended March 31, 2017. For the period, the company reported net cash generated from operating activities was INR 7,937.5 million against INR 9,074.7 million a year ago. Payments for purchase of Property, Plant and Equipment & other Intangible Assets were INR 1,330.6 million against INR 1,704.3 million a year ago.
Pidilite Industries Limited is an India-based manufacturer of adhesives and sealants, construction chemicals, craftsmen products, DIY (Do-It-Yourself) products, and polymer emulsions. The Company, together with its subsidiaries, is focused on consumer and industrial specialty chemicals. The Company's segments include Consumer and Bazaar (C&B), Business to Business (B2B), and Others. The C&B segment covers the sale of products mainly to end consumers, which are retail users such as carpenters, painters, plumbers, mechanics, households, students and offices, among others. The Company's products include adhesives, sealants, art and craft materials and construction and paint chemicals. The B2B segment includes industrial products such as adhesives, synthetic resins, organic pigments, pigment preparations, construction chemicals (projects) and surfactants, among others. It caters to various industries, such as packaging, textiles, joineries, printing inks, paper and leather, among others.