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 38.21% in the June 2021 quarter
 ( Results - Announcements 07-Aug-21   07:49 )
  Volumes jump at Indigo Paints Ltd counter
 ( Hot Pursuit - 14-Sep-22   11:00 )
  Board of Indigo Paints recommends Final Dividend
 ( Corporate News - 21-May-22   11:16 )
  Indigo Paints allots 19,740 equity shares under ESOP
 ( Corporate News - 29-Aug-23   12:28 )
  Indigo Paints fixes record date for final dividend
 ( Market Beat - Reports 06-Aug-22   13:59 )
  Indigo Paints to hold board meeting
 ( Corporate News - 07-Jul-22   15:22 )
  Indigo Paints IPO subscribed 6.97 times
 ( IPO Centre - IPO News 21-Jan-21   17:31 )
  Indigo Paints standalone net profit rises 29.39% in the December 2021 quarter
 ( Results - Announcements 11-Feb-22   16:30 )
  Indigo Paints hits 52-week low; slips 7% in five days
 ( Hot Pursuit - 18-Nov-22   12:22 )
  Indigo Paints announces board meeting date
 ( Corporate News - 16-Jan-24   12:42 )
  Indigo Paints AGM scheduled
 ( Corporate News - 30-Jun-23   14:41 )
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