Asian Paints Ltd.

Asian Paints has reported results for the fourth quarter & year ended March 31, 2013.

The company has reported a fall of 2.06% in its net profit at Rs 239.56 crore in Q4FY13 as compared to net profit of Rs 244.59 crore in the same quarter previous year.  However, total income of the company has increased by 7.14% to Rs 2276.22 crore as compared to Rs 2124.44 crore in corresponding quarter last year.

For the year ended March 31, 2013, the company has registered 9.56% rise in its net profit at Rs 1050.00 crore in FY13 as against Rs 958.39 crore in previous years. Total income of the company has increased to Rs 9097.85 crore as compared to Rs 8105.65 crore in FY12, up by 12.24%.

On consolidated basis, the group has registered 12.66% rise in its net profit after taxes & minority interest at Rs 1113.88 crore in FY13 as against Rs 988.73 crore in previous year. Total income of the company has increased to Rs 11085.26 crore as compared to Rs 9739.65 crore in FY12, up by 13.81%.