Mumbai, March 26 Adhesive maker Pidilite will bear some of the price pressures resulting from rising raw material costs, but does not expect operating profit margins to fall below the 20-24 per cent target range, a top official has said.
The city-headquartered company's immediate focus will be to secure supplies of essential raw materials amid the ongoing conflict in the Middle East, its managing director Sudhanshu Vats said recently.
"… as we have always done, we will be very careful in our pricing, we will ensure that we pass on some costs, absorb some, and that philosophy will remain," Vats told