INSUBCONTINENT EXCLUSIVE:
Shares of Asian Paints settled 6.04 per cent higher at Rs 3,159.20 on the BSE.Leading paint maker announced its April-June quarter results
for the financial year 2021-22, reporting a net profit of Rs 574.3 crore on a consolidated basis, compared to Rs 2019.6 crore in the
corresponding period of the previous fiscal, registering a growth of 161.5 per cent year-on-year
On Tuesday, July 20, share price of Asian Paints gained more than six per cent with the announcement of the quarterly results
Asian Paints opened on the BSE at Rs 2,992, swinging to an intra day high of Rs 3,178 and an intra day low of Rs 2,981.70, throughout the
trading session today.The company's revenue from operations in the first quarter of the current fiscal jumped almost 91 per cent to Rs
5,585.4 crore, compared to Rs 2,922.7 crore in the year-ago period
The total income during the quarter stood at Rs 5674.97 crore, compared to Rs 2,969.75 crore in the year-ago period.In the preceding
January-March quarter of the financial year 2020-21, Asian Paints reported a net profit of Rs 870 crore, up 84 per cent year-on-year.“The
domestic Decorative business more than doubled its volume and delivered stellar revenues over the lower base of last year which had suffered
from the first nationwide lockdown
The business registered strong compounded average growths in value and volume in comparison with Q1 FY 20 which was a normal quarter,
indicative of a strong consistent trajectory,'' said Amit Syngle, Managing Director - CEO of Asian Paints Limited. On the NSE, Asian
Paints opened at Rs 2,996, registering an intra day high of Rs 3,179.50 and an intra day low of Rs 2,979.55, during the trading session
Its shares settled 5.47 per cent higher at Rs 3,145.05 on the NSE.Shares of Asian Paints settled 6.04 per cent higher at Rs 3,159.20 on the
