Ideas for Profit | Pidilite Industries' Q4 earnings disappoints; valuations too rich
  • 5 years ago
Pidilite Industries, popularly known by its Fevicol brand, ended FY19 on a disappointing note as weak volume growth hurt the topline, while rise in raw material prices continued to dent its gross margin. Profit after tax was also flat as the squeeze in margins hit its bottomline.
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