Asian Paints Limited. Q4 results show revenue rise from 8,723.30 to 8,892.82 crores, a 1.94% increase in growth. EPS also rise from ₹11.19 to ₹12.87, up by 15.01%.
First, Let’s Begin with Quarter-on-Quarter Basis:
Asian Paints Ltd. shared its Q4 results on Thursday. They earned 8,892.82 crores in revenue this quarter, but that’s more than the 8,723.30 crores they made last quarter. The company’s growth increased by 1.94 percent when comparing the two quarters.
In terms of profits, Asian Paints PAT (Profit After Tax) for this quarter was 1,234.14 crores, up from 1,072.67 crores in the previous quarter. Their quarter-to-quarter growth inclined by 15.05 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹12.87, which is an increase of 15.01% from the ₹11.19 EPS in the previous quarter.
Also read: ☞ ” Relaxo Footwears Q4FY23 Results: Consolidated PAT Higher at Rs 63.30 Cr “
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 34,875.07 crores this year (2023), which is 18.30 percent higher than last year’s total revenue of 29,481.29 crores.
This year’s PAT (Profit After Tax) is 4,106.45 crores, which is also 35.50% higher than last year’s PAT of 3,030.57 crores.
The EPS (Earnings Per Share) for this year is ₹42.83, which is 35.58% more than the EPS of ₹31.59 earned last year.
The company earns the most revenue from its retail and telecom segments, which are its two major revenue sources.
Asian Paints Share Dividend Announcement / Record Date:
The Board of Directors has declared a Final Dividend of ₹21.25 per Equity Share of Face Value of ₹1 each of the Company (2125% of Face Value). Total Dividend for FY23 stood at ₹19.90 per Equity Share (Interim Dividend of ₹1 per Equity Share)
| Dividend | Record Date |
| ₹21.25 per Equity Share | After 30/06/2023 |
The record date for the dividend has not arrived yet.
About Asian Paints:
Headquartered in Mumbai, Maharashtra, India, Asian Paints Ltd is a multinational paint company that engages in manufacturing, selling, and distributing paints, coatings, home décor products, bath fittings, and related services.
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