Asian Paints reported a 2% fall in net profit for the fourth quarter of fiscal year 2013 despite a 7.55% rise in net sales. Net profit declined to Rs 2395.60 million from Rs 2445.60 million in the same period the previous year, while net sales grew to Rs 22325.10 million from Rs 20736.50 million. Earnings per share also fell to Rs 24.98 from Rs 25.50 a year earlier due to a reduction in net profit margins to 10.73% from 11.78%. The company's stock price closed 3.63% lower following the announcement of the quarterly results.

1. Asian Paints reports 2% fall in Q4 Net
Asian Paints (India) Ltd
09-May-2013 | QuarterlyResult as on31-Mar-2013
For the period the Asian Paints (India) Ltd reported Net Sales of Rs 22325.10 million and Net Profit of Rs 2395.60 million. While Net Sales
rose by7.55%, Net Profit came down by2.06% and therebyNPMreduced to 10.73% as compared to 11.78% during same period previous
FY. Equity Capital for the period under consideration stands at Rs 959.20 million. EPS as on 31-Mar-2013 stands at Rs 24.98 viz-a-viz Rs
25.50 as on 31-Mar-2012.
The stock of theAsian Paints (India) Ltd at BSEopened at 4880.00 touched a high 4924.75 and low 4590.50 before closing at 4673.60 losing
3.63%over previous close. The trading volume for the stock at BSEstood at 50621 shares and at NSEstood at 326942 shares.
BSE NSE
The S&PBSESensexclosed todayat 19939.04 (0.26%loss) and CNXNiftyclosed at 6050.15 (0.32%loss).
Company Announcements
09-May-201304:16PMOutcomeof BoardMeeting
09-May-201302:58PMFixes BookClosurefor Final Dividend&AGM
09-May-201302:46PMBoardapproves Sub-divisionof Equity Shares
09-May-201302:45PMBoardrecommends Final Dividend
09-May-201302:42PMAnnounces Q4&FY13results &Results Press Releasefor theperiodendedMarch3...
View Detailed Result
Follow us on This content is generated at www.finalaya.com and is governed by the Terms of Use.