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Akzo Nobel India reports Profit after tax of Rs 654.00 Mln, in the September 2022 quarter

04 Nov 2022 Evaluate
The sales moved up 25.03% to Rs. 9262.00 millions for the September 2022 quarter as compared to Rs. 7408.00 millions during the year-ago period.A slim rise of 17.41% was recorded in the Net profit for the quarter ended September 2022 to Rs. 654.00  millions  From Rs. 557.00 millions.The company reported a good operating profit of 1112.00 millions compared to 980.00 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202209 202109 % Var 202209 202109 % Var 202203 202103 % Var
Sales 9262.00 7408.00 25.03 18639.00 13672.00 36.33 31486.00 24214.00 30.03
Other Income 48.00 31.00 54.84 89.00 128.00 -30.47 227.00 232.00 -2.16
PBIDT 1112.00 980.00 13.47 2364.00 1983.00 19.21 4551.00 3640.00 25.03
Interest 34.00 30.00 13.33 58.00 57.00 1.75 145.00 103.00 40.78
PBDT 1078.00 950.00 13.47 2306.00 1926.00 19.73 4426.00 3537.00 25.13
Depreciation 196.00 197.00 -0.51 389.00 377.00 3.18 759.00 755.00 0.53
PBT 882.00 753.00 17.13 1917.00 1549.00 23.76 3667.00 2782.00 31.81
TAX 228.00 196.00 16.33 494.00 233.00 112.02 767.00 706.00 8.64
Deferred Tax -8.00 -16.00 -50.00 -22.00 -1.00 2100.00 -15.00 -57.00 -73.68
PAT 654.00 557.00 17.41 1423.00 1316.00 8.13 2900.00 2076.00 39.69
Equity 455.00 455.00 0.00 455.00 455.00 0.00 455.00 455.00 0.00
PBIDTM(%) 12.01 13.23 -9.24 12.68 14.50 -12.56 14.45 15.03 -3.85
Peers
Company Name CMP
Asian Paints 2371.85
Berger Paints India 458.65
Kansai Nerolac Paint 177.05
JSW Dulux 2962.40
Indigo Paints 1038.75
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