MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday 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 Up by 19% - Asian Paints announced its financial results for the Quarter and Nine Months ended December 31, 2012 - Consolidated PAT after Minority Interest for the Quarter up by 30.5% - AsianPaints.com
Asian Paints Consolidated Income from Operations for the Quarter Up by 19%

 

NewswireToday - /newswire/ - Mumbai, India, 2013/01/31 - Asian Paints announced its financial results for the Quarter and Nine Months ended December 31, 2012 - Consolidated PAT after Minority Interest for the Quarter up by 30.5% - 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!


 

• Growth in the 3rd quarter was good for decorative business across the country. Quarter witnessed improved demand conditions during Diwali season.
• Industrial business was impacted due to poor demand from projects business and slowdown in OEM segment.
• International business has registered strong performance with in the Middle East and Asia region, which is reflected in the consolidated numbers.

ON A CONSOLIDATED BASIS
• For the 3 months ended Dec 31, 2012
• Income from operations grew by 19% to Rs 3052.9 crores as compared to Rs 2567.0 crores in the previous year.
• PBDIT increased by 26% to Rs 510.4 crores from Rs 405.1 crores.
• PAT after Minority Interest increased by 30.5% to Rs 335.2 crores from Rs 256.9 crores last year.

For the 9 months ended Dec 31, 2012
• Income from operations grew by 16.2% to Rs 8237.3 crores as compared to Rs 7089.4 crores in the previous year.
• PBDIT increased by 18.4% to Rs 1338.6 crores from Rs 1130.8 crores.
• PAT after Minority Interest increased by 18.3% to Rs 862.8 crores from Rs 729.3 crores last year.

FOR THE STANDALONE COMPANY, For the 3 months ended Dec 31, 2012
• Income from operations grew by 20.0% to Rs 2536.97 crores as compared to Rs 2114.18 crores in the previous year.
• PBDIT has increased by 22.9% to Rs. 451.23 crores from Rs 367.12 crores
• Net profit was up by 24.6% to Rs. 312.03 crores from Rs. 250.48 crores last year.

For the 9 months ended Dec 31, 2012
• Income from operations grew by 14.4% to Rs 6739.19 crores as compared to Rs 5888.36 crores in the previous year.
• PBDIT has increased by 17.6 % to Rs 1193.25 crores from Rs 1014.39 crores
• Net profit was up by 13.5% to Rs. 810.44 crores from Rs. 713.80 crores last year.

Softening in prices of Titanium Dioxide and some other chemicals was observed during Q3FY13.
For Decorative products, Material price index for Q3 was at 102.56 with 2011-12 as base 100 and for YTD Dec 2012, index was at 105.56. Material price index for Q2-FY13 was 107.71 and Q1-FY13 was 106.67.

The construction work at the Khandala plant near Pune in Maharashtra is on schedule. The first phase of 3,00, 000 KL per annum is expected to be on stream in Q4-FY13. The plant can be further scaled upto 4,00, 000 KL per annum.

 
 
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 NewswireToday 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 Up by 19%

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 NewswireToday and LINK as the source.
 
Publisher Contact: Press Office - AsianPaints.com 
+91 22 39818000 investor.relations[.]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:

AVEVA Applauded by Frost & Sullivan for Integrating People, Processes, and Businesses with its New Digital Workflow Management Model
ABB to Supply Automated Paper Testing Solution to Drive Efficiencies At Metsä Board Mills in Finland
Atlas Copco Acquired A Spanish Vacuum Distributor and Service Provider
Alstom Extends its Expertise in Braking Systems with the Acquisition of Flertex
Wattyl Australia and New Zealand Officially Part of the Hempel Group
LANXESS Expands its Colortherm Yellow Pigment Range for Heat-resistant High-performance Plastics
Yokogawa Bio Frontier and Bloom Biorenewables Ink Agency Agreement to Develop Lignin Biomass Materials Business in Japan
ANDRITZ Signs Industrial Maintenance Contract with LD Celulose S.A
New High-flow Ultramid® Advanced for Thin-walled Connectors Enables Higher Power and Data throughput in Electronic Applications
LANXESS Enters Battery Chemistry Business - Electrolyte Production for Lithium-ion Batteries in Leverkusen, Germany
ANDRITZ Wins 2021 System Integrator of the Year Award
Trinseo and BASF Jointly Announce Business Collaboration on Circular Feedstock
ANDRITZ Signs Maintenance Contract with UPM for the Paso de los Toros Mill in Uruguay
BASF Introduces New PE Applications for TrinamiX's Mobile NIR Spectroscopy Solution
New ABB Ability™ Performance Optimization Service for Cold Rolling Mills Unlocks Greater Levels of Productivity, Quality and Yield

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  Venus Promotions





 
  ©2021 NewswireToday — 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 newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are proudly NOT affiliated with USA TODAY (usatoday.com)