An India based adhesive manufacturing company – Pidilite Industries, a decline of 7% in its consolidated net profit of Rs 157 crore in Q4 March 31 2017. During the corresponding quarter of the previous year the company had a net profit of Rs169 crore. The total income of the company rose to Rs 1,443 crore in Q4 FY17 from Rs 1,340 is 6.8%. For FY2016-2017 company announced its consolidated net profit of Rs 863 crore against Rs 6,033 crore of total sales.
At Dahej site, for export Market Company start manufacturing of adhesive and other products. Revenue of consumer & Bazaar grew by 7.3% due to 8.2% mix growth and volume in Q4. Revenue by Industrial product grew by 1.2% due to mix growth and volume of 5.2 %. 12.8% decline by PBIT industrial products. On BSE company’s share were trading 0.06 lower at Rs 740.60 apiece.