'Consolidated
net sales of Asian Paints have increased 5.40% to Rs 9103.09 crore in Q3FY24
compared to Q3FY23. Operating profit
margin has jumped from 18.66% to 22.59%, leading to 27.59% rise in operating
profit to Rs 2,056.09 crore. Raw
material cost as a % of total sales (net of stock adjustments) decreased from
46.66% to 43.49%. Purchase of finished
goods cost fell from 12.61% to 11.53%.
Employee cost increased from 6.16% to 6.46%. Other expenses rose from 14.87% to
15.22%.
Other
income rose 60.10% to Rs 138.58 crore.
PBIDT rose 29.25% to Rs 2194.67 crore.
Provision for interest rose 31.48% to Rs 54.42 crore.
PBDT
rose 29.20% to Rs 2140.25 crore.
Provision for ...
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