Asian Paints Q4 results: Net profit declines marginally to Rs 850 cr

Consolidated sales increased 20.6% to Rs 7,890 cr in Q4FY22, the company said on Tuesday

Asian Paints' consolidated net profit fell marginally to Rs 850.42 crore in Q4FY22 as compared to year-ago period. Revenue from operations increased 18.66% to Rs 7,892.67 crore.

Consolidated sales increased 20.6% to Rs 7,890 crore in Q4FY22 over Q4FY21, the company said on Tuesday. Profit before exceptional items and tax increased 12.8% to Rs 1,304.88 crore from Rs 1,156.31 crore.

PBDIT (profit before depreciation, interest, tax, other income, and exceptional items) (before share in profit of associates) increased 9.5% to Rs 1,443.29 crore from Rs 1,318.26 crore. PBDIT margin improved from 12.9% in Q2 to 18.3% in Q4.

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