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Leading paint and décor firm Asian Paints Limited offers painting and waterproofing solutions. The company’s product line includes waterproofing solutions in addition to industrial and ornamental paints.
Asian Paints serves customers in more than 60 countries through its operations in 15 nations and 26 global paint manufacturing plants.
The business makes and sells paints and coatings under the Paints and Home Improvement divisions.
Asian Paints is the third-largest paint manufacturer in Asia and the top paint firm in India, producing a variety of decorative and industrial paints.
With a combined turnover of 291 billion, the company is rated second in Asia and seventh among the top coating companies worldwide.
ASIANPAINTS LTD Q423 RESULTS WILL DECLER ON 4TH MAY 2023
Data previous vs expectation
Date 19/01/2023 result
Earnings & revenue
Standardized 11.183 Revenue
Reported 11.119 Reported 86.367B
Estimate 11.413 Estimate 93.159B
Surprise -0.223(1.95) Surprise -6.792B
Date 4/05/2023
Earnings & revenue
Revenue
Estimate 11.98 Estimate 87.639B
In the past, Asian Paints Limited has reported its quarterly and yearly financial results. According to the search results, the business’s profit increased 32% from the prior year to Rs 2,180.15 crore to Rs 2,872.31 crore for the nine months that concluded on December 31, 2022.
However, there is no information accessible regarding the company’s precise prior performance. Asian Paints’ financial summary reveals that its total revenue was Rs. 43,072.90 crore and its total expenses were Rs. 34,652.90 crore.
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