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Asian Paints reports 44% rise in Q4 consolidated net profit

11 May 2023 Evaluate

Asian Paints has reported results for fourth quarter (Q4) and year ended March 31, 2023.

The company has reported 37.09% rise in its net profit at Rs 1233.73 crore for the quarter under review as compared to Rs 899.96 crore for the same quarter in the previous year. Total income of the company increased by 13.17% at Rs 7751.00 crore for Q4FY23 as compared to Rs 6848.74 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 43.97% rise in its net profit at Rs 1258.41 crore for fourth quarter ended March 31, 2023 as compared to Rs 874.05 crore for the same quarter in the previous year. Total income of the company increased by 11.54% at Rs 8892.82 crore for Q4FY23 as compared to Rs 7973.06 crore for the corresponding quarter previous year.

For the year ended March 31, 2023, the company has reported 30.80% rise in its net profit at Rs 4100.18 crore as compared to Rs 3134.71 crore for the previous year. Total income of the company increased by 19.33% at Rs 30596.41 crore for year under review as compared to Rs 25640.40 crore for year ended March 31, 2022.

For the year ended March 31, 2023, on the consolidated basis, the company has reported 36% rise in its net profit at Rs 4195.33 crore as compared to Rs 3084.81 crore for the previous year. Total income of the company increased by 18.30% at Rs 34875.07 crore for year under review as compared to Rs 29481.29 crore for year ended March 31, 2022.


Asian Paints Share Price

2463.40 23.05 (0.94%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Asian Paints 2463.40
Berger Paints India 468.80
Kansai Nerolac Paint 203.05
JSW Dulux 2930.65
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