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Asian Paints consolidated net profit declines 2.07% in the March 2020 quarter

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Capital Market

Sales decline 7.13% to Rs 4635.59 crore

Net profit of Asian Paints declined 2.07% to Rs 461.89 crore in the quarter ended March 2020 as against Rs 471.65 crore during the previous quarter ended March 2019. Sales declined 7.13% to Rs 4635.59 crore in the quarter ended March 2020 as against Rs 4991.50 crore during the previous quarter ended March 2019.

For the full year,net profit rose 25.48% to Rs 2705.17 crore in the year ended March 2020 as against Rs 2155.92 crore during the previous year ended March 2019. Sales rose 5.05% to Rs 20211.25 crore in the year ended March 2020 as against Rs 19240.13 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales4635.594991.50 -7 20211.2519240.13 5 OPM %18.5417.70 -20.5719.54 - PBDT413.47916.86 -55 4409.543928.24 12 PBT218.97738.30 -70 3629.043306.10 10 NP461.89471.65 -2 2705.172155.92 25

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First Published: Jun 23 2020 | 7:13 PM IST

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