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Akzo Nobel India - Quaterly Results

03 Aug 2023 Evaluate
A fair growth of 6.56% in the revenue at Rs. 9992.00 millions was reported in the June 2023 quarter as compared to Rs. 9377.00 millions during year-ago period.A good growth in profit of 42.91% reported to Rs. 1099.00  millions over Rs. 769.00 millions of corresponding previous quarter.Operating Profit saw a handsome growth to 1703.00 millions from 1252.00 millions in the quarter ended June 2023.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 9992.00 9377.00 6.56 9992.00 9377.00 6.56 38021.00 31486.00 20.76
Other Income 82.00 41.00 100.00 82.00 41.00 100.00 274.00 227.00 20.70
PBIDT 1703.00 1252.00 36.02 1703.00 1252.00 36.02 5525.00 4551.00 21.40
Interest 34.00 24.00 41.67 34.00 24.00 41.67 141.00 145.00 -2.76
PBDT 1669.00 1228.00 35.91 1669.00 1228.00 35.91 5384.00 4426.00 21.64
Depreciation 193.00 193.00 0.00 193.00 193.00 0.00 825.00 759.00 8.70
PBT 1476.00 1035.00 42.61 1476.00 1035.00 42.61 4559.00 3667.00 24.33
TAX 377.00 266.00 41.73 377.00 266.00 41.73 1208.00 767.00 57.50
Deferred Tax -24.00 -14.00 71.43 -24.00 -14.00 71.43 -53.00 -15.00 253.33
PAT 1099.00 769.00 42.91 1099.00 769.00 42.91 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(%) 17.04 13.35 27.65 17.04 13.35 27.65 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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