Pidilite Q3 Revenue News

Markets

Pidilite needs a margin revival to strengthen its bond with investors

In the December quarter, the adhesive maker’s gross margin contracted by 620 basis points year-on-year to a 15-quarter low of 47.2%For earnings estimates to revive sharply, not only does volume growth have to sustain, but even margins need to revive.

1 min read31 Jan 2019

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