Asian Paints Q4 results: Net profit flat at Rs 850.4 cr, revenue up 18.7%

Asian Paints’ net profit attributable to its share owners was largely flat at Rs 850.4 crore in the March quarter of financial year 2021-22 (Q4FY22), compared with Rs 852.1 crore in the year-ago period. The paints major saw its revenue increase 18.7 per cent to Rs 7,892.7 crore in the quarter.

“The international business managed to deliver a double-digit revenue growth for the quarter despite severe challenges in key markets. The industrial coatings business closed the quarter with another round of robust double-digit revenue growth with continued momentum in the protective coatings segment,” Amit Syngle, managing director and chief executive officer