Pidilite Industries today reported a 4.67% increase in consolidated net profit at Rs 168.52 crore for the first quarter ended June 30, 2014.
The company had reported a net profit of Rs 160.99 crore in the April-June quarter of previous fiscal.
Pidilite Industries' consolidated net sales during the quarter under review increased by 19.60% to Rs 1,338.1 crore as against Rs 1,118.81 crore in the corresponding period last year, the company said in a filing with BSE.
Overall expenses in the quarter stood at Rs 1128.57 crore as against Rs 914.26 in the corresponding quarter a year ago.
In a separate filing to the BSE, Pidilite Industries said Meera Shankar has been appointed as an additional director of the company with effect from July 30, 2014.
Shares of Pidilite Industries today closed at Rs 359.95 apiece on the BSE, down 1.26% from their previous close.
