Asian Paints reports 9.65% rise in Q1 net profit

20 Jul 2012 Evaluate

Asian Paints has reported results for first quarter ended June 30, 2012.

On the standalone basis, the company has posted a rise of 9.65% in its net profit at Rs 274.59 crore for the quarter ended June 30, 2012 as compared to Rs 250.42 crore for the same quarter in the previous year. Total income has increased by 6.54% at Rs 2081.07 crore for quarter under review as compared to Rs 1953.35 crore for the quarter ended June 30, 2011.

On the consolidated basis, the company has posted a rise of 9.37% in its net profit at Rs 288.38 crore for the quarter ended June 30, 2012 as compared to Rs 263.66 crore for the same quarter in the previous year. Total income has increased by 9.37% at Rs 2571.88 crore for quarter under review as compared to Rs 2290.90 crore for the quarter ended June 30, 2011.

Asian Paints is India’s largest paint company and Asia’s third largest paint company with an annual turnover of Rs 5,463 crore. The company along with its subsidiaries has operations in 20 countries across the world and 28 paint manufacturing facilities, servicing consumers in 65 countries through Berger International, SCIB Paints-Egypt, Asian Paints, Apco Coatings and Taubmans

Asian Paints Share Price

2283.05 -9.85 (-0.43%)
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Company Name CMP
Asian Paints 2283.05
Berger Paints India 444.80
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