Monday 20 January 2014

Asian Paints reports marginal fall in Q3 consolidated net profit

Asian Paints has reported results for third quarter ended December 31, 2013.

The company has registered a fall of 1.46% in its net profit at Rs 307.47 crore for Q3FY13 as compared to Rs 312.03 crore in the corresponding quarter previous year. However, the total income of the company has also increased by 12.07% to Rs 2877.72 crore for the quarter under review as compared to Rs 2567.66 crore in the same period last year.

On the consolidated basis, the company has reported 1.75% fall in its net profit at Rs 329.35 crore for the quarter ended December 31, 2013 as compared to Rs 335.23 crore for the same quarter in the previous year. However, the total income of the company has increased by 13.03% at Rs 3481.99 crore for quarter under review as compared to Rs 3080.40 crore for the quarter ended December 31, 2012.

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