Pidilite plans to pass on lower input costs as Q1 sales rise

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Pidilite Industries has raised prices across its product portfolio due to rising raw material costs. The company implemented between one and three price hikes, depending on product categories. With recent raw material price cool-offs, Pidilite is open to price reductions for consumers. Sales volumes grew over eleven percent in the June quarter, showing strong company performance. Pidilite is also diversifying raw material sourcing to enhance supply chain resilience.