Asian Paints Q2 Results: Profit Jumps 31% To ₹783 Crore, ₹4.40 Per Share Dividend Announced

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Asian Paints on Thursday reported a 31.3 per cent year-on-year (YoY) rise in consolidated net profit (after minority interest) at Rs 782.71 crore in the September quarter compared with Rs 595.96 crore in the corresponding quarter last year.

The paints maker said its consolidated sales for the quarter rose 19.8 per cent to Rs 8,430.60 crore from Rs 7,036.51 crore in the year-ago quarter.

On a standalone basis, profit jumped 23.4 per cent YoY to Rs 763.29 crore from Rs 618.63 crore in the year-ago quarter. Standalone sales rose 20.1 per cent to Rs 7,315.86 crore from Rs 6,090.08 crore YoY.

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