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Indigo Paints reports Profit after tax of Rs 248.60 Mln, in the March 2021 quarter

14 May 2021 Evaluate
The revenue for the March 2021 quarter is pegged at Rs. 2542.68 millions, about 21.29% up against Rs. 2096.37 millions recorded during the year-ago period.The company has announced a 32.35% increase in its profits to Rs . 248.60  millions for the  quarter ended March 2021 compared to Rs. 187.84 millions in the corresponding quarter in the previous year.Operating Profit saw a handsome growth to 445.14 millions from 326.82 millions in the quarter ended March 2021.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202103 202003 % Var 202103 202003 % Var 202103 202003 % Var
Sales 2542.68 2096.37 21.29 2542.68 2096.37 21.29 2542.68 2096.37 21.29
Other Income 15.77 11.93 32.19 15.77 11.93 32.19 15.77 11.93 32.19
PBIDT 445.14 326.82 36.20 445.14 326.82 36.20 445.14 326.82 36.20
Interest 4.38 9.02 -51.44 4.38 9.02 -51.44 4.38 9.02 -51.44
PBDT 440.76 317.80 38.69 440.76 317.80 38.69 440.76 317.80 38.69
Depreciation 69.70 62.05 12.33 69.70 62.05 12.33 69.70 62.05 12.33
PBT 371.06 255.75 45.09 371.06 255.75 45.09 371.06 255.75 45.09
TAX 122.46 67.91 80.33 122.46 67.91 80.33 122.46 67.91 80.33
Deferred Tax 30.16 5.95 406.89 30.16 5.95 406.89 30.16 5.95 406.89
PAT 248.60 187.84 32.35 248.60 187.84 32.35 248.60 187.84 32.35
Equity 475.69 451.00 5.47 475.69 451.00 5.47 475.69 451.00 5.47
PBIDTM(%) 17.51 15.59 12.30 17.51 15.59 12.30 17.51 15.59 12.30
Peers
Company Name CMP
Asian Paints 2406.25
Berger Paints India 452.30
Kansai Nerolac Paint 175.30
JSW Dulux 3020.75
Indigo Paints 1054.15
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