On the margins front, EBITDA margin sharply expanded to 18.64% in Q4 FY22 from 16.89% posted in Q4 FY21. Meanwhile, PAT margin improved to 11.89% in Q4 FY22 as against 9.72% recorded in Q4 FY21.
On full year basis, the company recorded 18.63% jump in net profit to Rs 84.04 crore on a 25.2% rise in net sales to Rs 905.97 crore in FY22 over FY21.
Meanwhile, the board of directors of the company declared a dividend of Rs 3 per equity share, for the financial year ended 31 March 2022.
Indigo Paints offers a wide range of interior & exterior wall paint colours, enamels & wood coatings for homes & offices.
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