💨 Abstract

Indian adhesives and sealants maker, Pidilite Industries, reported lower than expected third-quarter profit due to weak urban and rural demand. Revenue grew 7.6% to 33.69 billion rupees, missing expectations, while net profit was 5.52 billion rupees ($64 million), compared to 5.91 billion rupees estimated.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖