Asian Paints’ Q3FY24 Quarter Results
Asian Paints’ revenue grew 6% YoY
- 17 Jan 2024
- Asian Paints reported 7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended December (Q3FY24). On a year-on-year (YoY) basis, it witnessed a growth of 6%.
- Its expenses for the quarter were up by 4% QoQ and 1% YoY.
- The net profit grew 20% QoQ and 34% YoY.
- The earnings per share (EPS) of Asian Paints stood at 15.1 during Q3FY24.
Asian Paints’ Financial Statements for Q3FY24:
| (Rs crores) | Q3FY23 | Q2FY24 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total income | 8,723 | 8,644 | 9,242 | 7% | 6% |
Total expenses | 7,281 | 7,022 | 7,322 | 4% | 1% |
Profit before tax | 1,478 | 1,651 | 1,968 | 19% | 33% |
Tax | 381 | 419 | 493 | 18% | 29% |
Profit after tax | 1,097 | 1,232 | 1,475 | 20% | 34% |
Earnings per share | 11.2 | 12.6 | 15.1 |
Data Source: BSE, Company announcements
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