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 income8,7238,6449,2427%6%
Total expenses7,2817,0227,3224%1%
Profit before tax1,4781,6511,96819%33%
Profit after tax1,0971,2321,47520%34%
Earnings per share11.212.615.1

Data Source: BSE, Company announcements

The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

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