Asian Paints Ltd.

Asian Paints has reported results for the fourth quarter and year ended March 31, 2019. 

The company has reported a marginal fall of 2.42% in its net profit at Rs 479.68 crore for the quarter ended March 31, 2019 as compared to Rs 491.57 crore for the same quarter in the previous year. However, total income of the company increased by 12.33% at Rs 4,307.29 crore for quarter under review as compared to Rs 3,834.51 crore for the quarter ended March 31, 2018.

On consolidated basis, the company has reported a marginal fall of 1.71% in its net profit at Rs 487.45 crore for the quarter ended March 31, 2019 as compared to Rs 495.91 crore for the corresponding quarter in the FY18. However, total consolidated income of the company rose 12% at Rs 5,075.08 crore for quarter under review as compared to Rs 4,531.52 crore for the same quarter ended previous year.

For the year ended March 31, 2019, the company has posted a rise of 12.66% in its net profit at Rs 2,134.76 crore as compared to Rs 1,894.80 crore for the previous year. Total income of company increased 12.36% at Rs 16,670.59 crore for year under review as compared to Rs 14,837.05 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has posted rise of 5.45% in its net profit at Rs 2,211.91 crore as compared to Rs 2,097.52 crore for the previous year. Total income of company increased by 11.98% at Rs 19,576.89 crore for year under review as compared to Rs 17,482.85 crore for year ended March 31, 2018.