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Akzo Nobel India - Quaterly Results

23 May 2023 Evaluate
The March 2023 quarter revenue stood at Rs. 9514.00 millions, up 9.72% as compared to Rs. 8671.00 millions during the corresponding quarter last year.Net Profit recorded in the quarter ended March 2023 rise to 27.88% to Rs. 954.00  millions  compared to R. 746.00 millions in corresponding previous quarter.OP of the company witnessed a marginal growth to 1608.00 millions from 1243.00 millions in the same quarter last year.


(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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