Asian Paints (India) Ltd reported net sales of Rs 28430.10 million for the quarter ending December 31, 2013, an increase of 12.06% compared to the same period the previous fiscal year. However, net profit declined 1.46% to Rs 3074.70 million, reducing net profit margin to 10.81% from 12.30% the previous year. The stock price of Asian Paints opened at Rs 475.05, touched a high of Rs 482.00 and low of Rs 472.50 before closing at Rs 479.50, down 2.16% from the previous close.