Asian Paints Q4 Results Live : Asian Paints announced their Q4 results on 09 May, 2024, revealing a decrease in revenue by 0.64% year-over-year, while profit saw an increase of 1.83% year-over-year.
In comparison to the previous quarter, the company experienced a decline of 4.09% in revenue and a decrease of 13.19% in profit.
Selling, general & administrative expenses showed a significant rise of 7.71% quarter-over-quarter and an increase of 17.65% year-over-year.
Operating income took a hit, dropping by 20.15% quarter-over-quarter and 9.52% year-over-year.
The earnings per share (EPS) for Q4 stood at ₹13.1, marking a 0.28% increase year-over-year.
Asian Paints witnessed negative returns of -8.92% in the last week, -12.02% in the last 6 months, and -20.35% year-to-date.
The company currently holds a market capitalization of ₹259855.8 Cr with a 52-week high/low of ₹3568 & ₹2703.8 respectively.
Analysts covering Asian Paints have varied recommendations, with 5 analysts suggesting a Strong Sell, 10 analysts recommending a Sell, 11 analysts opting for a Hold, 7 analysts advising a Buy, and 2 analysts advocating a Strong Buy.
The consensus recommendation as of 11 May, 2024, was to Hold the stock.
Additionally, Asian Paints declared a final dividend of ₹28.15 with an ex-dividend date set for 11 Jun, 2024.
| Period | Q4 | Q3 | Q-o-Q Growth | Q4 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 8730.76 | 9103.09 | -4.09% | 8787.34 | -0.64% |
| Selling/ General/ Admin Expenses Total | 614.17 | 570.22 | +7.71% | 522.04 | +17.65% |
| Depreciation/ Amortization | 225.61 | 220.35 | +2.39% | 220.17 | +2.47% |
| Total Operating Expense | 7265 | 7267.35 | -0.03% | 7167.41 | +1.36% |
| Operating Income | 1465.76 | 1835.74 | -20.15% | 1619.93 | -9.52% |
| Net Income Before Taxes | 1624.09 | 1967.78 | -17.47% | 1709.85 | -5.02% |
| Net Income | 1256.72 | 1447.72 | -13.19% | 1234.14 | +1.83% |
| Diluted Normalized EPS | 13.1 | 15.1 | -13.25% | 13.06 | +0.28% |
FAQs
Question : What is the Q4 profit/Loss as per company?
Ans : ₹1256.72Cr
Question : What is Q4 revenue?
Ans : ₹8730.76Cr
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Published: 11 May 2024, 02:54 AM IST
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