PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Asian Paints Limited

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Asian Paints Income from Operations Up by 7.5% in Q4-FY13 - Asian Paints Limited has today announced its financial results for the quarter and year ended March 31 - AsianPaints.com
Asian Paints Income from Operations Up by 7.5% in Q4-FY13

 

NewswireToday - /newswire/ - Mumbai, India, 2013/05/09 - Asian Paints Limited has today announced its financial results for the quarter and year ended March 31 - AsianPaints.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

“The company registered satisfactory growth inspite of the challenging environment. We witnessed slowdown in demand conditions in the quarter” said K.B.S Anand, Managing Director & CEO, Asian Paints Limited

“Industrial paints segment continues to be impacted due to economic slowdown. Automotive coatings growth was affected due to subdued demand in the auto sector. International Business has recorded a good performance. Middle East has done well even though political events and macro economic uncertainty in some countries continue” he added.

Asian Paints Consolidated Results: Q4-FY’2013
For the quarter ended March 31, 2013, on consolidation of accounts of the subsidiaries and joint ventures of Asian Paints Income from Operations increased by 7.5% to 2733.1 crores from 2542.9 crores. PBDIT for the quarter increased by 4% to 393 crores as compared to 378 crores of the previous year. Net Profit for the quarter stood at 251.1 crores.

Asian Paints Consolidated Results: FY’2013
For the year ended March 31, 2013, on consolidation of accounts of the subsidiaries and joint ventures of Asian Paints Income from Operations increased by 13.9% to 10970.7 crores from 9632.2 crores. PBDIT increased by 14.8% to 1731.9 crores as compared to 1508.8 crores of the previous year. Net Profit of the group increased by 12.7% to 1113.9 crores from 988.7 crores.

The Board of Directors recommended the payment of final dividend of 36.50 per share (365%). An interim dividend of 9.50 per share (95%) was distributed in FY’12-13. Thus total dividend announced for FY’12-13 will be 46/- per share (460%). The total dividend for the year FY’11-12 was 40/- per share (400%).

The Board of Directors have approved the sub-division of each equity share of the face value of ` 10 each into 10(Ten) equity shares with a face value of ` 1 each.

Asian Paints Standalone Results: Q4-FY’2013
For the quarter ended March 31, 2013, Income from Operations has increased by 7.5 % to 2232.5 crores from 2075.8 crores. PBDIT for the quarter increased by 4.9% to 354 crores from 337.4 crores. Net Profit on a Standalone basis stood at 239.6 crores.

Asian Paints Standalone Results: FY’2013
For the year ended March 31, 2013, Income from Operations increased by 12.7 % to 8971.7 crores from 7964.2 crores. PBDIT for the year increased by 14.5 % to 1547.3 crores as compared to 1351.8 crores in the previous year. Net Profit on a standalone basis increased by 9.6 % to 1050.0 crores from 958.4 crores in the previous year.

About Asian Paints Limited
Asian Paints is India’s largest paint company and ranked among the top ten Decorative coatings companies in the world with a consolidated turnover of ` 109.70 billion. Asian Paints along with its subsidiaries have operations in 17 countries across the world with 24 paint manufacturing facilities, servicing consumers in 65 countries through Berger International, SCIB Paints Egypt, Asian Paints, Apco Coatings and Taubmans.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Asian Paints Limited

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Manufacturing/Robotics articles,
CATCH Visitors via Your Competitors Announcements!


Asian Paints Income from Operations Up by 7.5% in Q4-FY13

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Asian Paints Limited |
Publisher Contact: Arun Nair - AsianPaints.com 
+91 22 3981 8387 proffice[.]asianpaints.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Asian Paints Limited securities in any jurisdiction including any other companies listed or named in this release.

Manufacturing/Robotics via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Asian Paints Limited / Company Profile


Read Manufacturing/Robotics Most Recent Related Newswires:

PPG Initiates Global Restructuring, Targeting $125 Million in Annual Savings
Local Manufacturing Offers Strong Growth Opportunities in the Thriving Nigeria and South Africa Cement Additives Markets Reports Frost & Sullivan
BASF Expands Automotive Refinish Coatings Manufacturing to Asia Pacific
Alstom’s South African JV Gibela Successfully Handed Over to PRASA The First X’Trapolis Mega
Neptune Lines Reduces Fuel Consumption and Emissions with Hempaguard
BASF Launches Ucrete MF40AS Industrial Flooring System on the European Market
Raritan Unveils Intelligent Cabinet Concept in Collaboration with Legrand Data Communications At Gartner Conference
Beretta Continues Global Celebration of its 490th Anniversary with Unveiling of One-of-a-Kind Shotgun in New York City
LANXESS Virkon S Proven to Kill Highly Pathogenic Avian Influenza Strains
BASF to Offer Tailor-made Product Innovation At European Coatings Show
Nexans to Drive Sustainable Transportation At its Annual Technical Conference
Tripp Lite Introduces A New Series of Pre-assembled 40 Gb to 10 Gb Breakout Fiber Patch Panels
Borealis and Asmidal Sign Memorandum of Understanding to Jointly Evaluate Opportunities for Melamine Production in Algeria
SCHOTT’s New Ultra-Thin Glass is the Thinnest, Toughest, Most Eco-Friendly Glass for Consumer Electronics
Hexagon Manufacturing Intelligence Supplies PTB with Leitz PMM-G

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  Triggr & Bloom





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)