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