Asian Paints’ Q3FY23 Quarter Results
Asian Paints’ revenue grew 1% YoY
- 19 Jan 2023
- Asian Paints reported 2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended December (Q3FY23). On a year-on-year (YoY) basis, it witnessed a growth of 1%.
- Its expenses for the quarter were down by -3% QoQ and up 1% YoY.
- The net profit grew 36% QoQ and 6% YoY.
- The earnings per share (EPS) of Asian Paints stood at 11.2 during Q3FY23.
Asian Paints’ Financial Statements for Q3FY23:
| (Rs, crores) | Q1FY21 | Q4FY21 | Q1FY22 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 8,599 | 8,553 | 8,723 | 2% | 1% |
Total Expenses | 7,220 | 7,481 | 7,281 | -3% | 1% |
Profit before tax | 1,394 | 1,094 | 1,478 | 35% | 6% |
Tax | 362 | 290 | 381 | 31% | 5% |
Profit after tax | 1,031 | 804 | 1,097 | 36% | 6% |
Earnings per share | 10.6 | 8.2 | 11.2 |
Data Source: BSE, Company announcements
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