Chemicals and adhesive maker Pidilite Industries today said its consolidated net profit remained flat at Rs 104.61 crore for the quarter ended June 30, 2011, in comparison to the same period last fiscal.
The firm had posted a net profit of Rs 104.03 crore for the quarter ended June 30, 2010, Pidilite Industries said in a filing to the Bombay Stock Exchange.
During the period under review, the firm's net sales were up 20.9% to Rs 845.06 crore from Rs 698.95 crore in the corresponding quarter last year.
On a standalone basis, Pidilite Industries posted a marginal rise in net profit to Rs 107.71 crore from Rs 106.73 crore in the year-ago period.
The firm's standalone net sales rose 21.8% to Rs 763.82 crore during the quarter from Rs 627.08 crore in the same period last fiscal.
