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Asian Paints reports 18% jump in Q2 consolidated net profit

25 Oct 2016 Evaluate

Asian Paints has reported results for second quarter ended September 30, 2016.  

The company has reported 17.40% rise in its net profit at Rs 435.27 crore for the quarter under review as compared to Rs 370.75 crore for the same quarter in the previous year. Total income of the company increased by 10.56% at Rs 3638.00 crore for the quarter under review as compared Rs 3290.44 crore for the corresponding quarter previous year.  

On the consolidated basis, the company has reported 18.12% rise in its net profit after taxes, minority interest and share of profit of associates at Rs 494.76 crore for the quarter ended September 30, 2016 as compared to Rs 418.87 crore for the same quarter in the previous year. Total Income of the company has increased by 10.48% to Rs 4311.59 crore for quarter under review from Rs 3902.51 crore for the quarter ended September 30, 2015.

Asian Paints Share Price

2543.25 26.95 (1.07%)
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Peers
Company Name CMP
Asian Paints 2543.25
Berger Paints India 480.85
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