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Margin delight for Pidilite investors

Easing raw material prices and operational efficiencies are reasons behind the ongoing gross margin improvement.

Sri lankaPrabhudas lilladherAmnish aggarwalMotilal oswal financial services ltdAsian paints ltdCrude oilAsian paintsHaisha paintsAdhesives makerPidilite industries ltdGross marginsConsolidated gross marginYear onRaw material pricesOperational efficienciesVinyl acetate monomer vam

Pidilite is gaining grip on margin

Consolidated gross margin in the three months ended March (Q4FY23) reached 46.8%, the highest in the past seven quarters.

Amnish aggarwalPrabhudas lilladherKaustubh pawaskarAsian paints ltdPidilite industriesView full imageJefferies indiaAsian paintsAdhesives makerPidilite industries ltdGross marginChemical vinyl acetate monomerFevicol makerCost inflation pressuresSpot vam pricesDomestic demand

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