Indigo Paints (NSE: INDIGOPNTS) is an Indian paint manufacturing company founded in 2000, with its headquarters located in Pune, Maharashtra. The company primarily focuses on producing decorative paints, including emulsions, enamels, wood coatings, distempers, primers, and putties, among others. Indigo Paints has a vast distribution network of 37 depots and more than 11,000 dealers spread across 27 states and seven union territories in India.
Net Revenue from Operations for the quarter ended December 31, 2022 was ₹281.27 crores, up from ₹265.46 crores in the same quarter last year, representing a 5.95% increase over Q3 FY22. EBIDTA (excluding other income) for the quarter ended December 31, 2022 was ₹40.56 crores, up from ₹38.68 crores in the same quarter last year, representing a 4.86% increase. Net profit for the quarter ended December 31, 2022 was ₹26.26 crores as against ₹24.30 crores in the corresponding quarter of last year representing an increase of 8.06 %.
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