Asia · Regional markets · CNBC-TV18

Pidilite shares drop 3% after Q2 earnings miss; gross margin contracts 640 bps

Published by CNBC-TV18 · India 2 h ago

Material cost inflation was a key pressure point for Pidilite Industries during the quarter. Cost of goods sold rose to ₹2,210.88 crore from ₹1,598.15 crore, pulling gross margin…

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