This multinational paint company achieves a 44 per cent rise in Q4 net profit!

This multinational paint company achieves a 44 per cent rise in Q4 net profit!

Kamal Mansuriya
/ Categories: Trending, Mindshare

As the season of financial results is on the company has reported excellent results and recommended a 2125 per cent dividend.

In comparison to the same quarter last year, Asian Paints' net profit for the fourth quarter that ended on March 31, 2023, increased by 43.97 per cent to Rs 1,258.41 crore from Rs 874.05 crore on a consolidated basis. When compared to the same quarter last year, the company's total revenue climbed by 11.54 per cent to Rs 8,892.82 crore during Q4FY23 from Rs 7,973.06 crore. 

Previous Article Shares below Rs 100: Only buyers were seen in these stocks on May 12
Next Article Multibagger from its 52-week low: This small-cap power company receives a Wind-Solar hybrid project!
Rate this article:
5.0

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR