Picture of Asian Paints logo

ASIANPAINT Asian Paints News Story

0.000.00%
in flag iconLast trade - 00:00
Basic MaterialsConservativeLarge CapHigh Flyer

India's Asian Paints profit jumps on strong volumes, low base

Nov 12 (Reuters) - Asian Paints ASPN.NS, India's largest paint-maker by market share, reported a rise in quarterly profit on Wednesday, helped by strong domestic volume growth in decorative paints and a low base after its earnings slumped a year earlier.

Consolidated net profit rose 43% to 9.94 billion rupees ($113.1 million) for the July-September quarter.

The paint-maker's profit halved to 6.95 billion rupees in the year-ago quarter.

($1 = 87.8950 Indian rupees)

 (Reporting by Hritam Mukherjee and Anuran Sadhu in Bengaluru; Editing by Sonia Cheema)

 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))

Recent news on Asian Paints

See all news