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Indigo Paints standalone net profit rises 39.14% in the March 2022 quarter

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Capital Market

Sales rise 13.41% to Rs 288.38 crore

Net profit of Indigo Paints rose 39.14% to Rs 34.59 crore in the quarter ended March 2022 as against Rs 24.86 crore during the previous quarter ended March 2021. Sales rose 13.41% to Rs 288.38 crore in the quarter ended March 2022 as against Rs 254.27 crore during the previous quarter ended March 2021.

For the full year,net profit rose 18.63% to Rs 84.05 crore in the year ended March 2022 as against Rs 70.85 crore during the previous year ended March 2021. Sales rose 25.25% to Rs 905.97 crore in the year ended March 2022 as against Rs 723.32 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales288.38254.27 13 905.97723.32 25 OPM %18.6416.89 -15.0116.94 - PBDT55.7444.08 26 145.54122.30 19 PBT47.4237.11 28 114.2997.91 17 NP34.5924.86 39 84.0570.85 19

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First Published: May 20 2022 | 3:31 PM IST

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