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Good news for Asian Paints shareholders, will get dividend of Rs 15.50 per share, profit reached 874 crores in Q4

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Asian Paints Q4 Results: Asian Paints has released its fourth quarter results. The company made marginal profit in the fourth quarter. The company has given information about this on Tuesday. Asian Paints’ consolidated net profit for the fourth quarter of the financial year ended March 31, 2022 has reached Rs 874.05 crore.

How much did the profit of the company increase?
Asian Paints had made a net profit of Rs 869.89 crore in the same quarter of the financial year 2020-21. The company’s operating income grew 20.60 per cent to Rs 7,889.94 crore during the quarter under review as against Rs 6,541.94 crore in the corresponding period of FY 2020-21.

3,206 crore profit in 2020-21
Let us tell you that the company’s total expenses in the fourth quarter stood at Rs 6,677.11 crore, as compared to Rs 5,576.38 crore in the same period of the previous financial year. Asian Paints’ consolidated net profit for the financial year ended March 2022 declined by 3.80 per cent to Rs 3,084.81 crore. Whereas in the financial year 2020-21 it was Rs 3,206.75 crore.

What was the operating income
The company’s operating income stood at Rs 28,923.48 crore in the last financial year 2021-22, as against Rs 21,485.20 crore in the previous financial year.

15.50 will get dividend
Apart from this, the company has also announced to give dividend to the shareholders today. The company said in the information sent to the stock market that the board of directors of the company in its meeting held on Tuesday has recommended a final dividend of Rs 15.50 on a face value of Re 1 share for the financial year 2021-22.

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