Pidilite Industries has released its quarterly results. The company has informed that its profit has increased by 18 percent compared to last year. At the same time, the company's income has increased by more than 5 percent. EBITDA has increased by more than 13 percent. At the same time, the company's margins have also improved. Along with this, cement company Nuvoco Vistas has also released its quarterly results. The company has gone from profit to loss compared to last year.

How were the results of Pidilite Industries?

 

The profit of Pidilite Industries has increased by 17.8 percent to Rs 540 crore compared to last year. At the same time, the company's income has increased by 5.2 percent to Rs 3235 crore during this period. The company's EBITDA has seen a growth of 13.1 percent during this period and EBITDA has increased from Rs 679.6 crore to Rs 768.8 crore. The company's margins have been at 23.8 percent, which was at 22.1 percent a year ago. Before the results, the stock closed at 3091 with a decline of more than 1 percent in Wednesday's trading. How were the results of Nuvoco Vistas? The company has gone from profit to loss compared to last year. The company has suffered a loss of Rs 85.2 crore in the last quarter. A year ago, the company had a profit of Rs 1.5 crore. The company's income has declined by 11.8 percent on a year-on-year basis to Rs 2269 crore. At the same time, the company's EBITDA has fallen by 34 percent to Rs 218.7 crore. The company's margins have been at 9.6 percent, which was at 12.8 percent a year ago. The company's results have come after the market closed. On Wednesday, the stock closed at 340.15 with a gain of 0.68 percent.