Subdued Demand Hampers Asian Paints’ Profitability In Q3
The company posted a net profit of Rs 1,110.48 crore, attributable to the shareholders of the company, in the third quarter of the current fiscal (Q3FY25)
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Asian Paints Sees 42.4% YoY Dip In Net Profit In Q2FY25
- by BW Retail World Bureau
- November 11, 2024
As per company’s consolidated results, its net profit after minority interest decreased to Rs 694.6 crore in the second quarter of current fiscal (Q2FY25) from Rs 1,205.4 crore
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JSW Paints Hits Rs 1,500 Cr Revenue In 9 Months, Targets Profitability In FY24
- by BW Retail World Bureau
- January 31, 2024
JSW Paints, an unlisted subsidiary of diversified conglomerate JSW Group, said on Tuesday that its revenues reached Rs 1,500 crore in the first nine months of FY24 and that it expects to become profitable in the current fiscal year. According to an official release, the business expects to complete FY24 with a topline of more […]
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Asian Paints Net Profit Jumps To Rs 1,475.16 Cr, Revenue Up 5% YoY
- by BW Retail World Bureau
- January 17, 2024
Asian Paints on January 17 reported a 34.5 per cent year-on-year rise (YoY) in its consolidated net profit at Rs 1,475.16 crore for the third quarter of the financial year 2023-24 compared to Rs 1,097.06 crore in the year-ago period. The paint maker recorded a 5.4 per YoY increase in consolidated revenue to Rs 9,104 crore in […]
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Paint Industry Brushes Up For Q3FY24 Post Festive Season
- by Amisha Sharma
- January 16, 2024
The paint industry anticipates a vibrant Q3 amidst changing market dynamics. Amid the soft second quarter two of financial year 2024 (Q2FY23) performance in the paint segment, the players are expecting a positive change in the upcoming quarter three of financial year 2024 (Q3FY24) results fueled by festive season demand. While the market conditions have […]
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Tamil Nadu GST Authority Imposes Rs 13.83 Cr Tax Demand On Asian Paints
- by BW Retail World Bureau
- January 1, 2024
Asian Paints revealed a tax demand of Rs 13.83 crore, accompanied by a penalty of Rs 1.38 crore, from the Deputy Commissioner of State Tax, Chennai, Tamil Nadu. Under the Central Goods and Services Tax Act, 2017, and corresponding regulations, the demand pertains to the additional tax on outward supplies and disallowance of Input Tax […]
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Ashwin Suryakant Dani, Co-founder of Asian Paints, Passes Away At 81
- by BW Retail World Bureau
- September 29, 2023
Ashwin Suryakant Dani, the Co-founder and Non-Executive Director of Asian Paints, the well-known company, has passed away at the age of 81 on Thursday. “With deep regret, we inform you that Mr. Ashwin Dani, Non – Executive Director of the Company, left for heavenly abode today, on account of brief illness. Mr. Ashwin Dani was […]