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Akzo Nobel India - Quaterly Results

23 May 2023 Evaluate
The revenue for the March 2023 quarter is pegged at Rs. 9514.00 millions, about 9.72% up against Rs. 8671.00 millions recorded during the year-ago period.A good growth in profit of 27.88% reported to Rs. 954.00  millions over Rs. 746.00 millions of corresponding previous quarter.Operating profit surged to 1608.00 millions from the corresponding previous quarter of 1243.00 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 9514.00 8671.00 9.72 38021.00 31486.00 20.76 38021.00 31486.00 20.76
Other Income 61.00 51.00 19.61 274.00 227.00 20.70 274.00 227.00 20.70
PBIDT 1608.00 1243.00 29.36 5525.00 4551.00 21.40 5525.00 4551.00 21.40
Interest 57.00 57.00 0.00 141.00 145.00 -2.76 141.00 145.00 -2.76
PBDT 1551.00 1206.00 28.61 5384.00 4426.00 21.64 5384.00 4426.00 21.64
Depreciation 225.00 192.00 17.19 825.00 759.00 8.70 825.00 759.00 8.70
PBT 1326.00 1014.00 30.77 4559.00 3667.00 24.33 4559.00 3667.00 24.33
TAX 372.00 268.00 38.81 1208.00 767.00 57.50 1208.00 767.00 57.50
Deferred Tax -21.00 -1.00 2000.00 -53.00 -15.00 253.33 -53.00 -15.00 253.33
PAT 954.00 746.00 27.88 3351.00 2900.00 15.55 3351.00 2900.00 15.55
Equity 455.00 455.00 0.00 455.00 455.00 0.00 455.00 455.00 0.00
PBIDTM(%) 16.90 14.34 17.90 14.53 14.45 0.54 14.53 14.45 0.54
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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