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Asian Paints’ Q2 consolidated net profit rises 33%

20 Oct 2022 Evaluate

Asian Paints has reported results for second quarter ended September 30, 2022.

The company has reported rise of 23.38% in its net profit at Rs 763.29 crore for Q2FY23 as compared to Rs 618.63 crore for the corresponding quarter previous year. Total income of the company increased by 18.35% to Rs 7,461.45 crore for the quarter under review as compared to Rs 6,304.38 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 32.83% in its net profit at Rs 803.83 crore for Q2FY23 as compared to Rs 605.17 crore for the same quarter in the previous year. Total income of the company increased by 18.23% to Rs 8,553.04 crore for the quarter under review as compared to 7,234.21 crore for the same quarter in the previous year.

Peers
Company Name CMP
Asian Paints 2446.00
Berger Paints India 450.75
Kansai Nerolac Paint 182.20
JSW Dulux 3151.75
Indigo Paints 1132.10
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