Asian Paints Ltd.
-14.65 (-0.55%) Asian Paints reports 18% fall in Q3 consolidated net profit
Date: 20-01-2022Asian Paints has reported results for third quarter ended December 31, 2021.
The company has reported a fall of 14.10% in its net profit at Rs 1020.26 crore for the quarter under review as compared to Rs 1187.76 crore for the same quarter in the previous year. However, total income of the company increased by 26.72% at Rs 7595.87 crore for Q3FY22 as compared Rs 5994.14 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 18.49% in its net profit at Rs 1031.29 crore for the quarter under review as compared to Rs 1265.35 crore for the same quarter in the previous year. However, total income of the company increased by 24.87% at Rs 8599.05 crore for Q3FY22 as compared Rs 6886.39 crore for the corresponding quarter previous year.