Asian Paints Q1 FY22 profit doubles to Rs 574.30 crore

21 Jul 2021 CW Team

Indian paints major Asian Paints recorded a twofold increase in consolidated revenue to Rs 574.30 crore in Q1 FY22.

The previous fiscal during April-June, the firm reported a profit of Rs 219.61 crore. Its profit from operations throughout April-June 2021 increased 91.1% to Rs 5,585.36 crore, compared to Rs 2,922.66 crore in the same period last year.

Amit Syngle, CEO, Asian Paints, said that the domestic decorative business increased its volume immensely and provided great profit over the previous year, which underwent the first nationwide lockdown.

Moreover, Syngle informed the media that the business recorded substantial compounded average extensions in volume and value, compared to the Q1 FY20.

Asian paints is involved in the business of production, selling, paints and providing items related to home decor, bath fittings, .

Currently, shares of Asian Paints Ltd were selling 6.04% higher at Rs 3,159.20 each on BSE.

Image Source

Also read: Asian Granito on a strong growth momentum for FY22

Real Estate

06 Feb 2026

IGBC Green Karnataka Summit 2026 Highlights State’s Green Leadership

The CII Indian Green Building Council (IGBC) hosted the first IGBC Green Karnataka Summit 2026 in Bengaluru, bringing together government leaders, urban planners, developers, architects and industry stakeholders to deliberate on “Advancing Sustainability vis-à-vis Climate Resilience in Urban Built Karnataka”.Karnataka currently has 1,539 registered green building projects accounting for a cumulative 1.13 billion sq ft of certified green building footprint, ranking third in India by number of buildings adopting IGBC Green Building Ratings. The summit reinforced a collective shift from inte..

MIC Electronics Bags First PAPIS Order from RCF Kapurthala

MIC Electronics has received a Letter of Acceptance (LoA) from Rail Coach Factory (RCF), Kapurthala, for its first order in the Passenger Announcement and Passenger Information System (PAPIS) segment, marking a new addition to the company’s railway electronics portfolio.The order was awarded following successful evaluation of the company’s bid by the competent authority. MIC Electronics said the scope of work will be executed in line with the agreed rate structure, delivery schedules, inspection requirements, warranty provisions and other standard terms and conditions prescribed by RCF.Com..

Prozo Opens 1.5 Lakh Sq Ft Multi-Client Fulfilment Hub

Prozo has launched its largest multi-client fulfilment hub, a 1.5 lakh sq ft enterprise-grade facility at Horizon Industrial Parks, Gurugram, Haryana, strengthening its expanding national warehousing network. The new site is Prozo’s sixth multi-client facility in Haryana and eleventh in Northern India, within a network of over 50 fulfilment centres spanning 3 million sq ft.Designed as a model warehouse for North India, the facility combines high-specification infrastructure with Prozo’s proprietary technology stack to support complex and high-volume operations for enterprise, retail and D2..