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EquityWireAsian Paints Jul-Sept consol PAT falls 42.3% YoY to INR 6.95 bln

Asian Paints Jul-Sept consol PAT falls 42.3% YoY to INR 6.95 bln

This story was originally published at 15:09 IST on 9 November 2024
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Informist, Saturday, Nov. 9, 2024

MUMBAI - Asian Paints Ltd. Saturday reported a sharp 42.3?ll in net profit for the September quarter to INR 6.95 billion from INR 12.05 billion a year ago. The net profit was far lower than analysts' expectations of INR 10.99 billion.

* Asian Paints Jul-Sept consol net profit INR 6.95 bln vs INR 12.05 bln
* Analysts saw Asian Paints Jul-Sept consol net profit INR 10.99 bln
* Asian Paints Jul-Sept consol revenue INR 80.28 bln vs INR 84.79 bln yr ago
* Asian Paints to pay INR 4.25 per share interim dividend
* Asian Paints: One-time cost INR 1.80 bln in Jul-Sept
* Asian Paints Apr-Sept consol net profit INR 18.65 bln vs INR 27.56 bln
* Asian Paints Apr-Sept consol revenue INR 169.97 bln vs INR 176.61 bln

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