Indigo Paints Ltd posts Rs. 19.91 crores profit in Q1 FY2023

Indigo Paints Limited has reported Standalone financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 224.4787 crores during the period ended June 30, 2022 as compared to Rs. 290.8849 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 19.9113 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 34.5875 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 4.17 for the period ended June 30, 2022 as compared to Rs. 7.26 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 224.4787 crs	₹290.8849 crs	-22.83%
Net Profit	₹19.9113 crs	₹34.5875 crs	-42.43%
EPS	₹4.17	₹7.26	-42.56%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 224.4787 crores during the period ended June 30, 2022 as compared to Rs.159.0466 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.19.9113 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.11.6075 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.4.17 for the period ended June 30, 2022 as compared to Rs.2.44 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 224.4787 crs	₹159.0466 crs	41.14%
Net Profit	₹19.9113 crs	₹11.6075 crs	71.54%
EPS	₹4.17	₹2.44	70.90%

Shares of Indigo Paints Limited was last trading in BSE at Rs. 1583.60 as compared to the previous close of Rs. 1568.45. The total number of shares traded during the day was 4119 in over 978 trades.

The stock hit an intraday high of Rs. 1599.00 and intraday low of 1545.00. The net turnover during the day was Rs. 6452179.00.

Source : Equity Bulls

Keywords

IndigoPaints Q1FY23 ResultUpdate