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Indigo Paints - Quaterly Results

22 May 2024 Evaluate
The March 2024 quarter revenue stood at Rs. 3661.37 millions, up 12.49% as compared to Rs. 3254.70 millions during the corresponding quarter last year.Net profit stood at Rs. 535.22  millions  compared to Rs. 486.77 millions in the corresponding previous quarter,high by 9.95%.The company reported a good operating profit of 863.24 millions compared to 745.41 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 3661.37 3254.70 12.49 12548.61 10733.34 16.91 12548.61 10733.34 16.91
Other Income 40.48 28.13 43.90 134.30 100.68 33.39 134.30 100.68 33.39
PBIDT 863.24 745.41 15.81 2461.28 1916.00 28.46 2461.28 1916.00 28.46
Interest 3.55 3.89 -8.74 15.91 13.76 15.63 15.91 13.76 15.63
PBDT 859.69 741.52 15.94 2445.37 1902.24 28.55 2445.37 1902.24 28.55
Depreciation 140.88 87.18 61.60 461.78 343.47 34.45 461.78 343.47 34.45
PBT 718.81 654.34 9.85 1983.59 1558.77 27.25 1983.59 1558.77 27.25
TAX 183.59 167.57 9.56 497.07 239.38 107.65 497.07 239.38 107.65
Deferred Tax 27.76 -8.39 -430.87 71.14 -15.28 -565.58 71.14 -15.28 -565.58
PAT 535.22 486.77 9.95 1486.52 1319.39 12.67 1486.52 1319.39 12.67
Equity 476.21 475.88 0.07 476.21 475.88 0.07 476.21 475.88 0.07
PBIDTM(%) 23.58 22.90 2.94 19.61 17.85 9.88 19.61 17.85 9.88
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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