Israel, Iran war Pidilite to absorb some price pressures, expects profit margins to remain within target band

Image for article Israel, Iran war Pidilite to absorb some price pressures, expects profit margins to remain within target band
News Source : The Times of India

News Summary

  • Adhesive maker Pidilite anticipates raw material price pressures.
  • The company aims to keep operating profit margins within its 20-24 per cent target band.
  • Securing essential raw material supplies is a key immediate focus amid global conflicts.
  • Future investments will be carefully prioritized for growth.
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Mumbai Adhesive maker Pidilite will bear some price pressures coming out of the raw material price inflation, but does not expect operating profit margins to slip below the 2024 per cent target ban [+1673 chars]

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