AP-PPG Business Growth and Sustainability Report
ap asianpaints
International Business
* Double digit revenue growth for Q1; Though
volumes lower given headwinds across units
ā Strong growth in Nepal, Bangladesh
Sri Lanka impacted by extremely difficult operating
environment
Challenging conditions in Egypt - forex tightness;
competitive pressures
Overall, International Business revenue: Rs. 705
crores (+15.7%)
Overall, volumes 6% lower; primarily in Sri Lanka
Significantly better operating margins - supported
by steep price increases, favorable product mix, cost
efficiencies
Q4 PBT at Rs. 38 crores against Rs 11 crores
loss LY
Revenue
10%
330
%8
266
203
185
140
151
24%
26
26
Africa
Middle East
Asia
South Pacific
Q1 FY22
Q1 FY23
PBT*
30
1
6
-1
2
Africa
Middle East
Asia
South Pacific
Q1 FY22
(figures in columns in Rs. crs)
Q1 FY23
* PBT is before exceptional items
40%
1%View entire presentation