• Asian Paints reported a 27% quarter-on-quarter (QoQ) growth in its consolidated revenues for the quarter ended September (Q2FY22). On a year-on-year (YoY) basis, the same grew at 33%.
  • Its expenses for the quarter were up by 31% QoQ and 49% YoY.
  • While the company’s net profit was up 5% QoQ during Q2FY22, it decreased by 29% on a YoY basis.
  • The earnings per share (EPS) of Asian Paints stood at 6.2 during Q2FY22.

Asian Paints Financial Statements for Q2FY22:

(Rs, crores) Q2FY21 Q1FY22 Q2FY22 QoQ (%) YoY (%)
Total Income 5,433 5,675 7,234 27% 33%
Total Expenses 4,299 4,894 6,418 31% 49%
Profit before tax 1,146 779 826 6% -28%
Tax 294 204 221 8% -25%
Profit after tax 852 574 605 5% -29%
Earnings per share 8.7 5.9 6.2    

Data Source: BSE, Company announcements

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