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Asian Paints - Quaterly Results

25 Jul 2023 Evaluate
The revenue zoomed 6.96% to Rs. 81139.60 millions for the quarter ended June 2023 as compared to Rs. 75862.30 millions during the corresponding quarter last year.The company has announced a 48.27% increase in its profits to Rs . 15083.70  millions for the  quarter ended June 2023 compared to Rs. 10172.80 millions in the corresponding quarter in the previous year.OP of the company witnessed a marginal growth to 22165.30 millions from 15764.20 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 81139.60 75862.30 6.96 81139.60 75862.30 6.96 300784.00 251885.10 19.41
Other Income 2167.70 1138.40 90.42 2167.70 1138.40 90.42 5180.10 4518.90 14.63
PBIDT 22165.30 15764.20 40.61 22165.30 15764.20 40.61 63384.90 50396.80 25.77
Interest 262.90 199.00 32.11 262.90 199.00 32.11 930.60 702.50 32.47
PBDT 21902.40 15565.20 40.71 21902.40 15565.20 40.71 62454.30 49157.00 27.05
Depreciation 1720.90 1841.10 -6.53 1720.90 1841.10 -6.53 7558.30 7215.60 4.75
PBT 20181.50 13724.10 47.05 20181.50 13724.10 47.05 54896.00 41941.40 30.89
TAX 5097.80 3551.30 43.55 5097.80 3551.30 43.55 13894.20 10594.30 31.15
Deferred Tax 98.10 -164.30 -159.71 98.10 -164.30 -159.71 -349.00 -510.20 -31.60
PAT 15083.70 10172.80 48.27 15083.70 10172.80 48.27 41001.80 31347.10 30.80
Equity 959.20 959.20 0.00 959.20 959.20 0.00 959.20 959.20 0.00
PBIDTM(%) 27.32 20.78 31.46 27.32 20.78 31.46 21.07 20.01 5.32
Peers
Company Name CMP
Asian Paints 2345.00
Berger Paints India 471.75
Kansai Nerolac Paint 181.10
JSW Dulux 3003.70
Indigo Paints 1022.35
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