Asian Paints Ltd.
-5.90 (-0.21%) Asian Paints reports 5% rise in Q2 net profit
Date: 26-10-2012Asian Paints has reported results for second quarter ended September 30, 2012.
The company has registered growth of 5.13% in its net profit after tax at Rs 223.82 crore for the quarter ended September 30, 2012 as compared to Rs 212.90 crore for the same quarter in the previous year. Total income has increased by 14.61% at Rs 2169.47 crore for quarter under review as compared to Rs 1892.84 crore for the quarter ended September 30, 2011.
Asian Paints is India’s largest paint company and Asia’s third largest paint company with an annual turnover of Rs 5,463 crore. The company along with its subsidiaries has operations in 20 countries across the world and 28 paint manufacturing facilities, servicing consumers in 65 countries through Berger International, SCIB Paints-Egypt, Asian Paints, Apco Coatings and Taubmans.