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Asian Paints reports 12% rise in Q3 consolidated net profit

30 Jan 2015 Evaluate

Asian Paints has reported results for third quarter ended December 31, 2014.

The company has registered 14.83% rise in its net profit at Rs 353.07 crore for the quarter under review as compared to Rs 307.47 crore for the same quarter in the previous year. Total income of the company has increased 6.41% at Rs 3062.17 crore for Q3FY15 as compared Rs 2877.72 crore for the corresponding quarter previous year.

On the consolidated basis the company’s net profit after tax rose 11.79% to Rs 368.18 crore for the Q3 FY15 as compared to Rs 329.35 crore in Q3 FY14. Moreover, the total income increased 5.82% to Rs 3684.64 crore in the quarter under review as compared to Rs 3481.99 crore in the corresponding quarter previous year.

Peers
Company Name CMP
Asian Paints 2345.00
Berger Paints India 471.75
Kansai Nerolac Paint 181.10
JSW Dulux 3003.70
Indigo Paints 1022.35
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