Demand rise and market share gain boost Pidilite’s growth

While the company beat Street estimates in Q2 comfortably,
even on a two-year basis, it posted the fastest growth across consumer majors
on the revenue and the operating profit metrics.

Aided by a rebound in construction activity, higher pent-up
demand, and market share gains, the company posted a 40 per cent YoY growth in
revenues at Rs2,626 crore. This was over 12 per cent higher than consensus
estimates. Courtesy: www.business-standard.com

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