Indigo Paints announced Q1FY23 Result : Net Revenue from Operations for the quarter ended June 30, 2022 was Rs 223.99 crores as against Rs. 156.02 crores in the corresponding quarter of the last year representing an increase of 43.56% over Q1 FY22. EBIDTA (excluding other income) for the quarter ended June 30, 2022 was Rs. 35.28 crores as against Rs. 20.16 crores in the corresponding quarter of the last year representing an increase of 74.97%. Net profit for the quarter ended June 30, 2022 was Rs. 19.91 crores as against Rs. 11.61 crores in the corresponding quarter of last year representing an increase of 71.53 %. During the quarter, the Company had clocked a healthy growth of 43.56%. The Gross Margins continued to improve sequentially from 43.61% in Q4 FY22 to an industry leading 45.19% in Q1 FY23. In line with the industry, the Company has been passing on incremental price increases to the consumers in a staggered manner and the Gross Margin is largely on par with the figures of QIFY22. Despite an increase of 34.33% in the A&P; spend from Rs.15.70 Cr in Q1 FY22 to Rs. 21.09 Cr, the EBITDA margin has sharply expanded to 15.75% from 12.92% in Q1 FY22 and PAT margin expanded to 8.87% compared to 7.30% in Q1 FY22. Result PDF
Indigo Paints declares Q4FY22 result: Net Revenue from Operations for the quarter ended March 31, 2022 was Rs 288.38 crores as against Rs. 254.27 crores in the corresponding quarter of the last year representing an increase of 13.41% over Q4 FY21. EBIDTA (excluding other income) for the quarter ended March 31, 2022 was Rs. 53.77 crores as against Rs. 42.94 crores in the corresponding quarter of the last year representing an increase of 25.22%. Net profit for the quarter ended March 31, 2022 was Rs. 34.59 crores as against Rs. 24.86 crores in the corresponding quarter of last year representing an increase of 39.13 %. The Gross Margins continued to improve sequentially from 42.89% in Q3 FY22 to an industry leading 43.61% in Q4 FY22. EBITDA margin has sharply expanded to 18.64% (Q4 FY22) sequentially from 14.57% in Q3 FY22 as well as from 16.89% clocked in Q4 FY21. PAT margin has also expanded both sequentially as well as when compared to the corresponding quarter of the last year. PAT margin was 11.89% in Q4 FY 22 compared to 9.08% in Q3 FY22 and 9.72% recorded in Q4 FY21. Net Revenue from Operations for the year ended March 31, 2022 was Rs 905.97 crores as against Rs. 723.32 crores in the corresponding period of previous year representing an increase of 25.25%. EBIDTA (excluding other income) for the year ended March 31, 2022 was Rs. 135.98 crores as against Rs. 122.52 crores in the corresponding period of the previous year representing an increase of 10.99%. Net profit for the year ended March 31, 2022 was Rs. 84.05 crores as against Rs. 70.85 crores in the corresponding period of the previous year representing an increase of 18.63 %. Result PDF
Indigo Paints announced Q3FY22 results: Q3FY22: Net Revenue from Operations for the quarter ended December 31, 2021 was Rs 265.46 crores as against Rs. 209.64 crores in the corresponding quarter of the last year representing an increase of 26.63% over Q3 FY21. EBIDTA (excluding other income) for the quarter ended December 31, 2021 was Rs. 38.68 crores as against Rs. 31.49 crores in the corresponding quarter of the last year representing an increase of 22.83%. Net profit for the quarter ended December 31, 2021 was Rs. 24.30 crores as against Rs. 18.78 crores in the corresponding quarter of last year representing an increase of 29.39 %, 9MFY22: Net Revenue from Operations for the nine months ended December 31, 2021 was Rs 617.60 crores as against Rs. 469.06 crores in the corresponding period of previous year representing an increase of 31.67% over 9M FY21. EBIDTA (excluding other income) for the nine months ended December 31, 2021 was Rs. 82.22 crores as against Rs. 79.58 crores in the corresponding period of the previous year representing an increase of 3.32%. Net profit for the for the nine months ended December 31, 2021 was Rs. 49.46 crores as against Rs. 45.99 crores in the corresponding period of the previous year representing an increase of 7.55 %. Result PDF