Asian Paints today reported 14.6% increase in consolidated net profit at Rs 239.2 crore for the second quarter ended September 30.
The company had posted a net profit of Rs 208.7 crore in the previous corresponding period, Asian Paints said in a filing to the BSE.
Consolidated income from operations during the quarter under review grew by 16.8% to Rs 2,636.4 crore from Rs 2,256.8 crore in the year-ago period, it added.
The Board of Directors has recommended payment of 95% interim dividend of Rs 9.50 per share for the first six months of the fiscal, it added.
Asian Paints Ltd's scrip closed the day at Rs 3,900 apiece, down 0.38% from their previous close on the BSE.
