Pidilite Industries Limited — Important, 30-10-2024: General Updates

Pidilite Industries reported a 7% revenue growth in Q2 FY '25, reaching INR 2,965 crores. Underlying volume growth stood at 8%, supported by a robust 21% growth in B2B segments. Despite weather-related disruptions impacting consumer demand, gross margins improved by 280 basis points. EBITDA margins also expanded to 24.6%. The first half saw a 19% PAT growth. The company remains optimistic about achieving double-digit growth moving forward, particularly as economic conditions stabilize post-festive season.