Asian Paints reports 18% rise in Q1 consolidated net profit

24 Jul 2019

Asian Paints has reported results for first quarter ended June 30, 2019.

The company has reported a rise of 20.46% in its net profit at Rs 652.45 crore for the quarter under review as compared to Rs 541.64 crore for the same quarter in the previous year. Total income of the company increased by 18.29% at Rs 4,465.66 crore for Q1FY20 as compared Rs 3,775.11 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 17.91% in its net profit at Rs 672.09 crore for the quarter under review as compared to Rs 570.02 crore for the same quarter in the previous year. Total income of the company increased by 16.68% at Rs 5,204.19 crore for Q1FY20 as compared Rs 4,460.25 crore for the corresponding quarter previous year.

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