Asian Paints Ltd.

BSE: 500820 | NSE: ASIANPAINT
Large Cap | Paints
2756.90
-58.45 (-2.08%)
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Asian Paints’ Q1 consolidated net profit registers 18% growth

Date: 28-07-2016

Asian Paints has reported results for first quarter ended June 30, 2016.

The company has reported 17.22% rise in its net profit at Rs 501.18 crore for the quarter ended June 30, 2016 as compared to Rs 427.54 crore for the same quarter in the previous year. The company’s total income increased by 10.32% to Rs 3486.50 crore for the quarter under review from Rs 3160.29 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 18.47% rise in its net profit after taxes and share of profit of associates at Rs 552.56 crore for the quarter ended June 30, 2016 as compared to Rs 466.42 crore for the same quarter in the previous year. Total Income of the company increased by 10.36% to Rs 4153.99 crore for the quarter under review from Rs 3764.02 crore for the same quarter ended June 30, 2015.