Asian Paints Ltd records consolidated net profit of ~ Rs462cr in Q4FY20


Quarterly Results

Asian Paints Ltd announced its quarterly results on June 23, 2020. Net sales of Asian Paints Ltd. in Q4FY20 stood at Rs4,635.59cr, which declined by 7.13% yoy from Rs4,991.5cr in Q4FY19.

EBITDA stood at Rs859.62cr in Q4FY20 that decreased by 3.02% yoy. For Q4FY19, it posted EBITDA of Rs886.41cr. EBITDA margin as of Q4FY20 was at 18.54% that increased by78bps yoy compared to the same quarter, the previous year.

The net profit in Q4FY20 came in at Rs461.89cr that declined by 2.07%, as compared to Q4FY19 when it reported Rs471.65cr. The net profit margin in Q4FY20 stood at 9.96% with a growth of 51bps yoy. The net profit margin for Q4FY19 came at 9.45%.

The stock closed at Rs1,683.65 with a growth of 1.83% on BSE in today’s session.








Particulars

Q4FY20
(Rs in cr)

Q4FY19
(Rs in cr)

% VAR

Net Sales

4,635.59

4,991.50

-7.13

Operating Profit

859.62

886.41

-3.02

Net Profit

461.89

471.65

-2.07

EBITDAM%

18.54

17.76

78bps

PATM%

9.96

9.45

51bps

Related Story



Related Tags:





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Next Post

Coronavirus Doesn't Favor Crowded Cities, Study Shows

Wed Jun 24 , 2020
FRIDAY, June 19, 2020 (HealthDay News) — Densely populated areas of the United States don’t have higher rates of COVID-19 infection and death than less-congested areas, according to a new study. The findings counter the conventional wisdom that the new coronavirus spreads more easily in cities and other densely populated […]

Breaking News

Recent Posts