Conference Call with Pidilite Industries Management and Analysts on Q2FY26 Performance and Outlook. Listen to the full earnings transcript.
Specialty Chemicals company Pidilite Industries announced Q2FY26 results Net sales for the quarter at Rs 3,540 crore grew by 9.8% over Q2FY25. Gross Margins improved by 67 bps compared to Q2FY25 due to lower input costs. EBITDA before non-operating income at Rs 851 crore grew by 10.7% over Q2FY25. PAT: Rs 585 crore compared to Rs 540 crore during Q2FY25. Sudhanshu Vats, Managing Director, Pidilite Industries, said: “The Company delivered double digit underlying volume growth with sequential improvement and healthy operating margins, even in a challenging macro-economic environment. As we look ahead, we remain optimistic. The domestic operating environment is expected to improve, aided by favourable monsoons, and the indirect cascading impact of GST 2.0 on our demand coupled with accelerated growth in the construction sector driven by benign interest rates and enhanced liquidity. At the same time, we remain vigilant to geopolitical developments, given their potential to disrupt supply chains and create uncertainty around global tariffs. We are firmly committed to our strategic agenda of driving consistent, profitable, volume-led growth through continued investment in our brands, supply chain, and people.” Result PDF