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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