Pidilite Industries reports Q2 results showing profit growth alongside rising revenue, but with margins pressured by higher raw material costs. Multiple outlets cite year-on-year gross margin contraction of about 650 basis points in the September quarter, attributing it to raw material inflation.
According to Business Line, profit increases 7.16% to ₹626.46 crore, while revenues rise faster than profits, with consumer demand and continued cost pressures influencing H1 FY27 performance. NDTV also says net profit rises by 6.2% and revenue increases 21%, to Rs 4,298 crore.
Analyst coverage mentioned by NDTV highlights differing stances on valuation and outlook: Citi cuts its target price to Rs 1,300, while HSBC keeps a “Buy” rating and Goldman Sachs is described as retaining “Buy” (per NDTV’s title). Overall, the reports converge on the broad financial direction—higher revenue and profit, offset by margin compression—while differing mainly in which figures and sell-side views they foreground.
