Categories
RESULTS

Q1 RESULTS FOR ASIAN PAINTS : EXPLAINED ?

consolidated profit for June quarter plunged 66.7 percent year-on-year (YoY) to Rs 218.45 crore from Rs 655.44 crore in a similar quarter a year ago.

Income from operations, failed 42.7 percent to Rs 2,922.66 crore for the quarter contrasted and Rs 5,104.72 crore in the year-back quarter

Profit before tax (PBT) fell 70.2 percent for the quarter to Rs 305.76 crore from Rs 1,025.24 crore .

The organization said its global business portfolio progressed nicely, bolstered by ideal working conditions in business sectors in Middle East and Africa.

Profitability across organizations was very much upheld by the gentler crude material costs and the different cost control estimates being effectively sought after by the administration

The different business sections in India, including the two mechanical coatings business and both the portions in the home improvement classification likewise saw improving patterns in June.

Disclaimer: I am Not a SEBI REGISTERED ANALYST. This Website & Its Owner, Creator & Contributor is Neither a Research Analyst nor an Investment Advisor and Expressing Option Only as an Investor in Indian Equities. All trading strategies are used at your own risk. He/ She are Not Responsible for any Loss a Rising out of any Information, Post or Opinion Appearing on this Website. Investors are advised to do Own Due Diligence or Consult Financial Consultant before acting on Such Information. Author of this Website not providing any Paid Service and not Sending Bulk mails/SMS to Anyone. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Investment/Trading in securities Market is subject to market risk

Leave a Reply