EBITDA stood at Rs 913.6 crore
The company’s EBITDA in the first quarter has been Rs 913.6 crore. At the same time, it was estimated to be Rs 1,105 crore. Let us inform that in the first quarter of its last year, the EBITDA of the company was Rs 484.3 crore. The company’s EBITDA margin stood at 16.4% in the June quarter. At the same time, it was estimated to be 20%. Let us inform that in the first quarter of last year, the company’s EBITDA margin was 16.6%.
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Tax expenditure increased to Rs 204.3 crore
In the first quarter, the company’s tax expense has increased from Rs 86.2 crore to Rs 204.3 crore. At the same time, other expenses have increased from Rs 461.9 crore in the first quarter of last year to Rs 800.8 crore. In the first quarter, the company’s paint business income has increased from Rs 2,871 crore to Rs 5,465 crore. The earnings of the company’s paint business grew by 90.4% year-on-year. The EBIT of the company’s paint business has increased from Rs 371.6 crore to Rs 809 crore during this period. At the same time, the paint business margin has increased from 12.9% to 14.8%.
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