Indigo Paints announced Q2FY24 & H1FY24 results: Q2FY24: Consolidated: Net Revenue from Operations for Q2FY24: Rs 279.02 crore, a 15.01% increase over Q2FY23. EBIDTA (excluding other income) for Q2FY24: Rs 42.13 crore, a 24.76% increase over Q2FY23. Net profit for Q2FY24: Rs 25.32 crore, a 21.98% increase over Q2FY23. Gross Margins improved to 45.57% in Q2FY24, and EBITDA margin expanded to 15.10%. Standalone: Net Revenue from Operations for Q2FY24: Rs 270.46 crore, a 11.48% increase over Q2FY23. EBIDTA (excluding other income) for Q2FY24: Rs 41.78 crore, a 23.72% increase over Q2FY23. Net profit for Q2FY24: Rs 26.14 crore, a 25.92% increase over Q2FY23. H1FY24: Consolidated: Net Revenue from Operations for H1FY24: Rs 567.44 crore, a 21.61% increase over H1FY23. EBIDTA (excluding other income) for H1FY24: Rs 91.24 crore, a 32.14% increase over H1FY23. Net profit for H1FY24: Rs 56.84 crore, a 39.76% increase over H1FY23. Standalone: Net Revenue from Operations for H1FY24: Rs 547.48 crore, a 17.33% increase over H1FY23. EBIDTA (excluding other income) for H1FY24: Rs 89.51 crore, a 29.64% increase over H1FY23. Net profit for H1FY24: Rs 57.43 crore, a 41.21% increase over H1FY23. Result PDF
Furniture-Furnishing Paints company Indigo Paints announced Q1FY24 results: Consolidated Q1FY24: Net Revenue from Operations for Q1FY24 was Rs 277.02 crore as against Rs 223.99 crore in Q1FY23 representing an increase of 23.67%. EBIDTA (excluding other income) for Q1FY24 was Rs 47.73 crore as against Rs 35.28 crore in Q1FY23 representing an increase of 35.31%. Net profit for Q1FY24 was Rs 31.29 crore as against Rs 19.91 crore in Q1FY23 representing an increase of 57.15%. Standalone Q1FY24: Net Revenue from Operations for Q1FY24 was Rs 288.42 crore as against Rs 223.99 crore in Q1FY23 representing an increase of 28.76%. EBIDTA (excluding other income) for Q1FY24 was Rs 49.17 crore as against Rs 35.28 crore in Q1FY23 representing an increase of 39.21%. Net profit for Q1FY24 was Rs 31.52 crore as against Rs 19.91 crore in Q1FY23 representing an increase of 58.29%. Result PDF