Friday 24 July 2015

Asian Paints Ltd has announced the following results for the quarter ended June 30, 2015

The Audited Standalone results for the Quarter ended June 30, 2015

The Company has posted a net profit of Rs. 4278.10 million for the quarter ended June 30, 2015 whereas the same was at Rs. 3088.40 million for the quarter ended June 30, 2014. Total Income is Rs. 30143.60 million for the quarter ended June 30, 2015 whereas the same was at Rs. 27947.80 million for the quarter ended June 30, 2014.

The results for the quarter ended June 30, 2015 are not comparable with the corresponding quarter of the previous year and the quarter ended March 31, 2015.

The Consolidated Results are as follows:

The Unaudited Consolidated results for the Quarter ended June 30, 2015

The Group has posted a net profit after taxes, minority interest and share of profit of associates of Rs. 4551.80 million for the quarter ended June 30, 2015 whereas the same was at Rs. 3387.00 million for the quarter ended June 30, 2014. Total Income is Rs. 36969.20 million for the quarter ended June 30, 2015 whereas the same was at Rs. 34146.80 million for the quarter ended June 30, 2014.



- The above results include financials of Kadisco Paint and Adhesive Industry Share Company, (Ethiopia) in which the Company's wholly owned subsidiary Berger International Limited, Singapore acquired 51% stake on February 09, 2015. In view of this, the results for the quarter ended June 30, 2015 are not comparable with the results for the quarter ended June 30, 2014 and March 31, 2015.




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