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)
Total income
Q3FY23
8,723
Q2FY24
8,644
Q3FY24
9,242
QoQ (%)
7%
YoY (%)
6%
(Rs crores)
Total expenses
Q3FY23
7,281
Q2FY24
7,022
Q3FY24
7,322
QoQ (%)
4%
YoY (%)
1%
(Rs crores)
Profit before tax
Q3FY23
1,478
Q2FY24
1,651
Q3FY24
1,968
QoQ (%)
19%
YoY (%)
33%
(Rs crores)
Tax
Q3FY23
381
Q2FY24
419
Q3FY24
493
QoQ (%)
18%
YoY (%)
29%
(Rs crores)
Profit after tax
Q3FY23
1,097
Q2FY24
1,232
Q3FY24
1,475
QoQ (%)
20%
YoY (%)
34%
(Rs crores)
Earnings per share
Q3FY23
11.2
Q2FY24
12.6
Q3FY24
15.1
QoQ (%)
YoY (%)
| (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
The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
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