Asian Paints Limited, one of the largest paint companies in India, has posted its Q1 numbers for the period ended 30 June 2018 after the market hours on Tuesday. The Company’s Profit After Tax (PAT) up by more than 35% (on standalone basis) for the quarter ends on 30th June ’18. Here are the key points, Revenue The Company’s revenue (on standalone basis) stood at INR 3775.10 Cr for the period ends on 30 JUNE 2018 as compared to previous quarter last year (30 June 2017) where the revenues
Browsing tag: Asian Paints
PAINT Sector: Q1 - FY 2017-18 was bad for the India Paint sector. Click here to see Q4 Results. For the numbers, 4 companies out of 5 able to register improvements in the Revenue in April to June quarter of 2017-18 as compared to same period last year (1 fails to do so) while only 1 company able to register growth in Profits and 4 other fails to do so. The Common Parameters for such Dismal Performance for the Sector are (1) an upward trend in material prices which had an impact on
PAINT Sector: Q4 was somewhat better for the Paint sector. Click here for Q3 Results. Though India’s decorative business registered low double-digit growth in Q4, all the three paint companies posted good performance as far as revenues are concern - thanks to the good demand conditions in auto OEM and general industrial business. As far as numbers are concern, the profits of 2 companies were up in the range of 10% to 18%, while revenues were up for all the in the range between 7% to