Hot Pursuit     08-Aug-23
Indigo Paints gains after Q1 PAT rises 55% YoY to Rs 31 cr
Indigo Paints rose 1.26% to Rs 1,619.15 after the company's consolidated net profit jumped 55% to Rs 31.04 crore on 28.8% increase in net sales to Rs 288.42crore in Q1 FY24 over Q1 FY23.
Profit before tax increased by 57.3% year on year to Rs 42.34 crore in Q1 FY24.

EBIDTA (excluding other income) for the quarter ended June 30, 2023 was Rs 49.17 crore as against Rs 35.28 crore in the corresponding quarter of the last year representing an increase of 39.21%. EBITDA margin was at 17.03% in Q1 FY24 as against 15.75% in Q1 FY23.

Indigo Paints offers a wide range of interior & exterior wall paint colours, enamels & wood coatings for homes & offices.

Previous News
  Indigo Paints standalone net profit rises 57.16% in the June 2023 quarter
 ( Results - Announcements 08-Aug-23   07:34 )
  Indigo Paints consolidated net profit rises 10.27% in the March 2024 quarter
 ( Results - Announcements 22-May-24   16:18 )
  Indigo Paints standalone net profit rises 38.21% in the June 2021 quarter
 ( Results - Announcements 07-Aug-21   07:49 )
  Indigo Paints Q4 PAT climbs 41% YoY to Rs 49 cr
 ( Hot Pursuit - 27-May-23   13:34 )
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 ( Hot Pursuit - 04-Sep-24   11:00 )
  Indigo Paints to hold board meeting
 ( Corporate News - 08-Jan-22   11:40 )
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 ( IPO Centre - IPO News 21-Jan-21   17:31 )
  Indigo Paints director resigns
 ( Corporate News - 17-Jan-23   15:07 )
  Indigo Paints announces board meeting date
 ( Corporate News - 16-Jan-24   12:42 )
  CARE withdraws ratings assigned to bank facilities of Indigo Paints
 ( Corporate News - 06-Apr-21   20:03 )
  Indigo Paints makes stellar debut
 ( Hot Pursuit - 02-Feb-21   10:17 )
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