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Asian Paints reports 20% rise in Q3 consolidated net profit

22 Jan 2020 Evaluate

Asian Paints has reported results for third quarter ended December 31, 2019.

The company has reported 20.12% rise in its net profit at Rs 758.89 crore for the quarter under review as compared to Rs 631.78 crore for the same quarter in the previous year. Total income of the company increased by 3.11% at Rs 4,749.66 crore for Q3FY20 as compared Rs 4,606.47 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 20.46% in its net profit at Rs 779.71 crore for the quarter under review as compared to Rs 647.28 crore for the same quarter in the previous year. Total income of the company increased by 3.35% at Rs 5,490.11 crore for Q3FY20 as compared Rs 5,312.35 crore for the corresponding quarter previous year.


Peers
Company Name CMP
Asian Paints 2335.00
Berger Paints India 469.35
Kansai Nerolac Paint 178.10
JSW Dulux 3053.45
Indigo Paints 1017.80
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