Asian Paints has reported results for its first quarter ended June 30, 2011.
The company’s net profit after tax for the quarter has surged by 24.61% at Rs 250.42 crore as compared to Rs 200.96 crore for the same quarter last year. Its total income has increased by 29.49% to Rs 1953.35 crore for the quarter under review from Rs 1508.55 crore for the corresponding quarter of the previous year.
On consolidated basis, the Group’s net profit attributable to shareholders has registered a growth of 18.66% at Rs 263.66 crore for the corresponding quarter previous year as compared to Rs 222.19 crore for the quarter ended June 30, 2010. Its total revenue has jumped by 23.92% to Rs 2290.90 crore for the quarter from Rs 1848.63 crore for the similar quarter of the previous year.
