Asian Paints Ltd.
-58.45 (-2.08%) Asian Paints reports 23% rise in Q1 consolidated net profit
Date: 22-07-2014Asian Paints has reported results for first quarter ended June 30, 2014.
The company’s net profit from ordinary activities after tax for the quarter surged 8.78% at Rs 308.84 crore as compared to Rs 283.92 crore for the quarter ended June 30, 2013. Its total income has increased by 17.62% to Rs 2789.65 crore for the quarter under review from Rs 2371.80 crore for the corresponding quarter of the previous year.
On the consolidated basis, the company has reported 23.07% rise in its net profit after taxes & Minority interest at Rs 338.70 crore for the quarter as compared to Rs 275.20 crore for the same quarter in the previous year. Total income has increased by 18.85% at Rs 3409.55 crore for quarter under review as compared to Rs 2868.82 crore for the quarter ended June 30, 2013.