Indigo Paints Ltd. Results

Q2FY25 Quarterly Result Announced for Indigo Paints Ltd.

Furniture, Furnishing & Paints company Indigo Paints announced Q2FY25 results Standalone Financial Highlights: Net Revenue from Operations for the Q2FY25 was Rs 288.5 crore as against Rs 270.5 crore in the Q2FY24 representing an increase of 6.7% over Q2FY24. EBIDTA (excluding other income) for the Q2FY25 was Rs 42.6 crore as against Rs 41.8 crore in the Q2FY24 representing an increase of 1.9%. Net profit for the Q2FY25 was Rs 24.1 crore as against Rs 26.1 crore in the Q2FY24 representing a decrease of 7.7 %. Consolidated Financial Highlights: Net Revenue from Operations for the Q2FY25 was Rs 299.5 crore as against Rs 279.0 crore in the Q2FY24 representing an increase of 7.4% over Q2FY24. EBIDTA (excluding other income) for the Q2FY25 was Rs 41.5 crore as against Rs 42.1 crore in the Q2FY24 representing a decrease of 1.5%. Net profit for the Q2FY25 was Rs 22.3 crore as against Rs 25.3 crore in the Q2FY24 representing a decrease of 12.1 %.

Q1FY25 Quarterly Result Announced for Indigo Paints Ltd.

Furniture-Furnishing-Paints company Indigo Paints announced Q1FY25 results: Consolidated: Net Revenue from Operations for the quarter ended June 30, 2024 was Rs 311.0 crore as against Rs 288.4 crore in the corresponding quarter of the last year representing an increase of 7.8% over Q1FY24. EBIDTA (excluding other income) for the quarter ended June 30, 2024 was Rs 47.4 crore as against Rs 49.1 crore in the corresponding quarter of the last year representing a decrease of 3.5%. Net profit for the quarter ended June 30, 2024 was Rs 26.7 crore as against Rs 31.5 crore in the corresponding quarter of last year representing a decrease of 15.4 %. On a consolidated basis, the Indigo Paints had clocked a revenue of 7.8%. The subsidiary Company, Apple Chemie India Pvt.Ltd had recorded a stellar growth of 47.1% during the period under consideration. Standalone: Net Revenue from Operations for the quarter ended June 30, 2024 was Rs 293.9 crore as against Rs 277.0 crore in the corresponding quarter of the last year representing an increase of 6.1% over Q1FY24. EBIDTA (excluding other income) for the quarter ended June 30, 2024 was Rs 45.8 crore as against Rs 47.7 crore in the corresponding quarter of the last year representing a decrease of 4.1%. Net profit for the quarter ended June 30, 2024 was Rs 26.5 crore as against Rs 31.3 crore in the corresponding quarter of last year representing a decrease of 15.4%.

Q3FY24 Quarterly Result Announced for Indigo Paints Ltd.

Furniture-Furnishing Paints company Indigo Paints announced Q3FY24 & 9MFY24 results: Standalone Q3FY24: Net Revenue from Operations: Rs 341.25 crore, a 21.33% increase from the corresponding quarter of the last year EBIDTA: Rs 60.91 crore, up by 50.18% compared to the corresponding quarter of the last year. Net Profit: Rs 37.70 crore, representing a 43.55% increase from the corresponding quarter of last year. Consolidated Q3FY24: Net Revenue from Operations: Rs 353.77 crore, a 25.78% increase over Q3 FY23. EBIDTA: Rs 62.24 crore, marking a growth of 53.46% from the corresponding quarter of the last year. Net Profit: Rs 37.55 crore, a 42.98% increase from the corresponding quarter of last year. Standalone 9MFY24: Net Revenue from Operations: Rs 888.72 crore, an 18.83% increase compared to the same period last year. EBIDTA: Rs 150.42 crore, representing 36.99% growth from the same period last year. Net Profit: Rs 95.13 crore, a 42.13% increase from the corresponding period of last year. Consolidated 9MFY24: Net Revenue from Operations: Rs 921.21 crore, up by 23.18% over the same period last year. EBIDTA: Rs 153.48 crore, marking a 39.77% increase from the same period last year. Net Profit: Rs 94.39 crore, a 41.02% rise from the corresponding period of last year.

Q2FY24 Quarterly & H1FY24 Bi-Annual Result Announced for Indigo Paints Ltd.

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.