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 Consolidated Income from Operations for the Quarter Increases by 13.2% - Asian Paints Ltd today announced their financial results for the quarter and Nine months ended December 31, 2013 - AsianPaints.com
Asian Paints Consolidated Income from Operations for the Quarter Increases by 13.2%

 

NewswireToday - /newswire/ - Mumbai, India, 2014/01/20 - Asian Paints Ltd today announced their financial results for the quarter and Nine months ended December 31, 2013 - 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 Decorative paints business in India did well considering the challenging and uncertain macro environment. Raw material prices were marginally higher in the third quarter ” said K.B.S. Anand, Managing Director & CEO, Asian Paints Limited.

“Industrial paints segment continued to be impacted by sluggish manufacturing environment in the economy, with no major capex activity. Automotive coatings growth was affected due to the subdued demand in the automotive sector. International Business registered good growth. Middle East and Asia have done well even though some countries continued to be affected by political events and macro economic uncertainty ” he added.

Asian Paints Consolidated Results, Q3 - FY’14: For the quarter ended December 31, 2013, on consolidation of accounts of the subsidiaries and joint venture of Asian Paints Income from operations has risen by 13.2 % to `3,451.9 crores from `3,049.6 crores. Profit before depreciation interest and tax (PBDIT) for the group increased by 4.8 % to `567.4 crores from `541.3 crores. Net Profit after Minority Interest decreased by 1.8 % to `329.4 crores as compared to `335.2 crores in the previous corresponding period. Profit Before Tax (PBT) decreased by 0.6 % to `494.1 crores from `496.9 crores.

Asian Paints Consolidated Results, 9M - FY’14: For the Nine months ended 31 st December 2013, Asian Paints Group Income from operations has increased by 14.3 % to `9,407.7 crores from `8,228.6 crores. Profit before depreciation interest and tax (PBDIT) for the group has increased by 14.2 % to `1615.9 crores from `1415.2 crores. Net Profit after Minority Interest increased by 8.0 % to `931.4 crores as compared to `862.8 crores in the previous corresponding period. Profit Before Tax (PBT) increased by 9.6 % to `1,401.9 crores from `1,278.6 crores.

Asian Paints Standalone Results, Q3 - FY’14: For the quarter ended December 31, 2013, Income from operations increased by 12.2% to `2843.0 crores from `2533.7 crores. PBDIT for the quarter increased by 5.6 % to `512.4 crores from `485.3 crores. Net Profit decreased by 1.5% to `307.5 crores as compared to `312.0 crores in the previous corresponding period.

Asian Paints Standalone Results, 9M - FY’14: For the Nine month period ended December 31, 2013, Income from operations increased by 14.3% to `7694.7 crores from `6730.5 crores. PBDIT for the period increased by 16.6 % to `1488.0 crores from `1 275.7 crores. Net Profit on a standalone basis increased by 11.3% to `902.0 crores as compared to `810.4 crores in the previous corresponding period.

About Asian Paints Limited

Asian Paints (asianpaints.com) is India’s largest paint company and ranked among the top ten Decorative coatings companies in the world with a consolidated turnover of `10,970 crores (`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 Consolidated Income from Operations for the Quarter Increases by 13.2%

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 39818387 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:

SCHOTT Introduces Versatile Interior Lighting Solution for Automobiles
OFS Launches FlightLinx® PLUS Fiber Optic Cable at SAE 2017, Aerotech Congress and Exhibition
Voith Builds Another Two Paper Machines for Banknotes in Mysore, India
PPG Receives ISEGA Certification for TESLIN Food-Grade Substrate
BASF Introduces Pageant TR Intrinsic Brand Fungicide
BASF Placed New Waterborne Production Plant At Tultitlan, Mexico
FEC Plans to Expand Production Capacity at OFS to Meet Global Demand
PPG to Highlight Technical Advances, Present Paper At Vehicle Display Symposium
Rockwell Automation Announces New Services to Alert Operators of Potential Security Threats
Tripp Lite Rack Enclosures Now Available on Top Building Information Modeling (BIM) Site
Frost & Sullivan Honors Heller Industries for Standing out in the SMT Soldering Equipment Market with its Novel Reflow Soldering Tool That Supports In
ITT's Compact Automation Brand Expands Product Offerings to Include Electric Actuators
PPG to Showcase Integrated Coatings Solutions At Intermodal EXPO 2017
BASF Launches Impregnated Fiber Mat Technology for Nonwoven Fiber Composites At CAMX 2017
APAC Governments Harness IIoT to Expand Manufacturing Capabilities and Affirm Global Supply Chain Role Finds Frost & Sullivan

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  JobsWare.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR 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)