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Indigo Paints - Quaterly Results

07 Aug 2023 Evaluate
The revenue for the June 2023 quarter is pegged at Rs. 2770.20 millions, about 23.67% up against Rs. 2239.92 millions recorded during the year-ago period.Net profit for the quarter ended June 2023 increased significantly by 57.15% to Rs. 312.91 millions from Rs. 199.12 millions.Operating profit for the quarter ended June 2023 rose to 512.54 millions as compared to 357.63 millions of corresponding quarter ended June 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 2770.20 2239.92 23.67 2770.20 2239.92 23.67 10733.34 9059.75 18.47
Other Income 35.22 4.87 623.20 35.22 4.87 623.20 100.67 108.93 -7.58
PBIDT 512.54 357.63 43.32 512.54 357.63 43.32 1916.00 1468.77 30.45
Interest 4.22 4.25 -0.71 4.22 4.25 -0.71 13.76 13.30 3.46
PBDT 508.32 353.38 43.85 508.32 353.38 43.85 1902.24 1455.47 30.70
Depreciation 88.01 84.28 4.43 88.01 84.28 4.43 343.47 312.51 9.91
PBT 420.31 269.10 56.19 420.31 269.10 56.19 1558.77 1142.96 36.38
TAX 107.40 69.98 53.47 107.40 69.98 53.47 239.38 302.48 -20.86
Deferred Tax -16.37 -4.70 248.30 -16.37 -4.70 248.30 -15.28 14.74 -203.66
PAT 312.91 199.12 57.15 312.91 199.12 57.15 1319.39 840.48 56.98
Equity 475.88 475.69 0.04 475.88 475.69 0.04 475.88 475.69 0.04
PBIDTM(%) 18.50 15.97 15.88 18.50 15.97 15.88 17.85 16.21 10.11
Peers
Company Name CMP
Asian Paints 2406.25
Berger Paints India 452.30
Kansai Nerolac Paint 175.30
JSW Dulux 3020.75
Indigo Paints 1054.15
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