Asian Paints Ltd.
-14.65 (-0.55%) Asian Paints reports 28% fall in Q2 consolidated net profit
Date: 21-10-2021Asian Paints has reported results for second quarter ended September 30, 2021.
The company has reported 21.98% fall in its net profit at Rs 618.63 crore for the quarter under review as compared to net profit of Rs 792.92 crore for the same quarter in the previous year. However, total income of the company increased by 36.43% at Rs 6,304.38 crore for Q2FY22 as compared Rs 4,621.12 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 28.23% fall in its net profit for the period attributable to owners of the company at Rs 595.96 crore for the quarter under review as against net profit of Rs 830.37 crore for the same quarter in the previous year. However, total income of the company increased by 33.16% at Rs 7234.21 crore for Q2FY22 as compared Rs 5432.86 crore for the corresponding quarter previous year.