Pidilite Industries Limited Reports Earnings Results for the Second Quarter Ended September 30, 2019
November 13, 2019 at 09:23 am EST
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Pidilite Industries Limited announced earnings results for the second quarter ended September 30, 2019. For the second quarter, the company announced total revenue was INR 18,623.6 million compared to INR 17,848.2 million a year ago. Net income was INR 3,242.2 million compared to INR 2,316.3 million a year ago. Basic earnings per share was INR 6.38 compared to INR 4.56 a year ago. For the half year, total revenue was INR 39,188.4 million compared to INR 36,506.2 million a year ago. Net income was INR 6,171.1 million compared to INR 4,703 million a year ago. Basic earnings per share was INR 12.15 compared to INR 9.26 a year ago. Diluted earnings per share was INR 12.14 compared to INR 9.25 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.
PIDILITE INDUSTRIES LIMITED 
