Asian Paints has reported its Q2 FY25 financial results, showing a slight increase in revenue quarter-over-quarter (QoQ) but a modest decline year-over-year (YoY).
The company’s revenue from operations for the quarter ended September 30, 2024, reached ₹8,027.54 crore, marking a 0.6% increase from ₹7,969.73 crore in the previous quarter (QoQ). However, on a year-over-year basis, the revenue saw a decline of 5.3% compared to ₹8,478.57 crore in Q2 FY24.
Profit before tax (PBT) for Q2 FY25 was ₹959.04 crore, reflecting a significant drop of 40.2% QoQ from ₹1,603.62 crore in Q1 FY25, and a decrease of 41.9% YoY from ₹1,650.94 crore in Q2 FY24.
The net profit for the quarter stood at ₹693.66 crore, down by 41.6% from ₹1,186.79 crore in the previous quarter (QoQ) and a 43.7% decrease from ₹1,232.39 crore in the same quarter last year (YoY).
Asian Paints continues to maintain financial stability despite these fluctuations, demonstrating resilience amid challenging market conditions.
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