Asian Paints Q4 FY24 profit up at Rs. 1,256.72 Cr
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Asian Paints Q4 FY24 profit up at Rs. 1,256.72 Cr

The company has posted net profit of Rs. 5,460.23 crores for the Financial Year ended March 31, 2024

  • By ICN Bureau | May 11, 2024

Asian Paints Limited has reported consolidated financial results for the period ended March 31, 2024.

Asian Paints has posted net profit of Rs. 1256.72 crores for the period ended March 31, 2024 as against net profit of Rs. 1447.72 crores for the period ended December 31, 2023. The company posted net profit of Rs. 1,234.14 crores for the period ended March 31, 2023.

Asian Paints has reported total income of Rs. 8,917.87 crores during the period ended March 31, 2024 as compared to Rs. 9,241.67 crores during the period ended December 31, 2023. The company reported total income of Rs.8892.82 crores during the period ended March 31, 2023.

For the Financial Year ended March 31, 2024, Asian Paints has reported total income of Rs. 36,182.69 crores as compared to Rs. 34,875.07 crores during the Financial Year ended March 31, 2023.

The company has posted net profit of Rs. 5,460.23 crores for the Financial Year ended March 31, 2024 as against net profit of Rs. 4,106.45 crores for the Financial Year ended March 31, 2023.

“We crossed the Rs 35,000 crore consolidated revenue milestone in FY2024. Our Decorative & Industrial coatings combined delivered volume growth of 10 per cent and value growth of 3.9% for the year with our industrial segment registering double-digit value growth,” Asian Paints Managing Director and CEO Amit Syngle said.

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