Q3 Results: Pidilite, V2 Retail Announce Strong Earnings; One Doubles Profit

• Pidilite Industries reported a consolidated net profit increase from ₹552 crore to ₹618 crore in Q3, with revenue rising to ₹3,710 crore.
• Pidilite's EBITDA grew to ₹894 crore, and its EBITDA margin improved from 23.7% to 24.1%, showcasing better cost control.
• V2 Retail's consolidated net profit doubled year-on-year, jumping from ₹51 crore to ₹102 crore.
• V2 Retail's revenue saw a sharp increase from ₹591 crore to ₹929 crore in Q3.
• While V2 Retail's EBITDA rose to ₹173.7 crore, its EBITDA margin slightly declined from 18.86% to 18.69%.

Why It Matters: Pidilite Industries and V2 Retail posted strong Q3 results, with V2 Retail doubling its profit.