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🚨 "Asian Paints Q3 revenue growth stalls at 1%"

7 Key Takeaways of Asian Paints Q3 Result in this🧵

1) The company made 7,492 Cr in sales during Q3, which is almost same as last year. However, in the last 9 months, the company's sales grew by 22.5%

#ASIANPAINT #Q3Results
2) The company made a profit of 1086 Crores in Q3, which is 6% more than last year. However, in the last nine months, the company's profit has grown by 28% YoY.

3) They have opened 10k retail locations in last 9 months, showing how well it is expanding its reach to consumers
4) The company's gross margin increased by 180bps in the third quarter, and now stand at 38.7%. This was due to a decrease in the cost of the materials used to make their products.
Read 5 tweets
#TCS
Tata Consultancy Services Ltd
#Dividend ₹8 + Special Dividend ₹67 = Total Dividend ₹75 (record Date Jan, 17 and paid by Feb, 03)

#Q3Results #Q3FY23 #FY23Results
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#TCS #Q3FY23
👉Q3 LTM IT services attrition rate as 21.3% (expect to fall further)
👉Q3 order book at $7.8 Bn
👉Q3 net headcount addition -2197
👉Co looking ahead & beyond current uncertainties
👉Longer term growth outlook remains robust
Read 7 tweets

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