Pidilite signals price cuts as input costs ease after strong Q1 growth
Pidilite may reduce Consumer and Bazaar prices as raw-material costs cool, after raising them 2%–12%. June-quarter sales volumes rose 11.3% year on year, while consolidated revenue grew more than 21%.
Pidilite raised Consumer and Bazaar prices by 2%-12% amid West Asia-linked raw-material inflation but may cut prices as costs ease. June-quarter volumes grew 11.3%, while consolidated revenue rose over 21%; the company is diversifying sourcing and maintaining feedstock buffers.