Asian Paints profit declines 18.5% in Q3 FY22
Paint

Asian Paints profit declines 18.5% in Q3 FY22

Asian Paints Limited had reported an 18.5% drop in its consolidated net profit to Rs 1,031.29 crore during the third quarter (Q3) of December 2021.

The company told the media that it had witnessed a net profit of Rs 1,265.35 crore during the October-December quarter of FY22.

The revenue from operations increased by 25.61% to Rs 8,527.24 crore in 2021, compared to Rs 6,788.47 crore in 2020.

The company's total expenses were Rs 7,220.29 crore during the previous quarter of December 2021, up by 38.46% during the same period in 2020. The expenses were Rs 5,214.88 crore during the same period last year.

On 20 January, the company's shares traded at Rs 3,252.50, a decline of 0.87% on the Bombay Stock Exchange (BSE).

Image Source

Also read: Asian Paints to pump Rs 960 cr to expand Ankleshwar facility

Also read: Infra.Market to acquire 24% stake in Shalimar Paints - Construction ...

Asian Paints Limited had reported an 18.5% drop in its consolidated net profit to Rs 1,031.29 crore during the third quarter (Q3) of December 2021. The company told the media that it had witnessed a net profit of Rs 1,265.35 crore during the October-December quarter of FY22. The revenue from operations increased by 25.61% to Rs 8,527.24 crore in 2021, compared to Rs 6,788.47 crore in 2020. The company's total expenses were Rs 7,220.29 crore during the previous quarter of December 2021, up by 38.46% during the same period in 2020. The expenses were Rs 5,214.88 crore during the same period last year. On 20 January, the company's shares traded at Rs 3,252.50, a decline of 0.87% on the Bombay Stock Exchange (BSE). Image Source Also read: Asian Paints to pump Rs 960 cr to expand Ankleshwar facility Also read: Infra.Market to acquire 24% stake in Shalimar Paints - Construction ...

Related Stories

Gold Stories

Next Story
Infrastructure Transport

Innovision Wins NHAI Toll Collection Contract at Aashpur Fee Plaza

Innovision Limited has informed stock exchanges that it has been awarded a user fee collection and facility maintenance contract by the National Highways Authority of India (NHAI). The letter of award was issued on 10 August 2026 for operations at Aashpur Fee Plaza at design kilometre 231.100 on National Highway number 91 between Aligarh and Kanpur in Uttar Pradesh. The engagement covers collection of user fees for four and more lane sections and the upkeep and maintenance of adjacent toilet blocks including replenishment of consumable items. The contract was secured through a competitive e-te..

Next Story
Infrastructure Urban

Bharat Electronics Secures Rs.5,410 mn In Orders

Bharat Electronics Limited (BEL), a Navratna Defence Public Sector Undertaking, has secured additional orders worth Rs.5,410 million (mn) since the last disclosure on 31 July 2026. The fresh awards raise the company's recently reported intake and were announced by way of a regulatory filing on 10 August 2026. The orders span multiple business verticals and are incremental to contracts already under execution. The update follows the company's routine disclosure obligations to the stock exchanges. Major orders received include communication equipment, electro optics, ammunition fuzes, Chemical B..

Next Story
Infrastructure Urban

United Drilling Tools Receives US Order For Gas Lift Mandrel

United Drilling Tools Limited said it has received an order from Tri Lift Services Inc of the United States for the supply of a gas lift mandrel to be used in the oil and gas industry. The company said the disclosure was made to listing authorities under the Securities and Exchange Board of India listing rules and the SEBI master circular of November 2024. The notice set out the nature of the contract as commercial and awarded by an international entity. The order is to be executed in the ordinary course of business and carries an estimated contract value of Rs four point eight three million (..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement