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 Income8,5998,5538,7232%1%
Total Expenses7,2207,4817,281-3%1%
Profit before tax1,3941,0941,47835%6%
Profit after tax1,0318041,09736%6%
Earnings per share10.68.211.2

Data Source: BSE, Company announcements

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