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Asian Paints reports 44% fall in Q2 consolidated net profit

09 Nov 2024 Evaluate

Asian Paints has reported results for second quarter ended September 30, 2024 (Q2FY25).

The company has reported 48.09% fall in its net profit at Rs 602.31 crore for the quarter ended September 30, 2024 as compared to Rs 1,160.25 crore for the same quarter in the previous year. Total income of the company decreased by 6.18% at Rs 7,049.93 crore for Q2FY25 as compared to Rs 7,514.52 crore for the corresponding quarter previous year. 

On consolidated basis, the company has reported fall of 43.71% in net profit at Rs 693.66 crore for Q2FY25 as compared to Rs 1232.39 crore for the same quarter in the previous year. Total income of the company decreased by 5.12% at Rs 8,201.09 crore for Q2FY25 as compared to Rs 8,643.77 crore for the corresponding quarter previous year.  


Peers
Company Name CMP
Asian Paints 2446.00
Berger Paints India 450.75
Kansai Nerolac Paint 182.20
JSW Dulux 3151.75
Indigo Paints 1132.10
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