Asian Paints Limited reported earnings results for the third quarter and nine months ended December 31, 2024. For the third quarter, the company reported sales was INR 85,215.1 million compared to INR 90,749.4 million a year ago. Revenue was INR 86,924.4 million compared to INR 92,416.7 million a year ago. Net income was INR 11,104.8 million compared to INR 14,477.2 million a year ago. Basic earnings per share from continuing operations was INR 11.58 compared to INR 15.1 a year ago. Diluted earnings per share from continuing operations was INR 11.58 compared to INR 15.1 a year ago.
For the nine months, sales was INR 254,677.7 million compared to INR 266,806.6 million a year ago. Revenue was INR 260,194.7 million compared to INR 272,648.2 million a year ago. Net income was INR 29,751 million compared to INR 42,035.1 million a year ago. Basic earnings per share from continuing operations was INR 31.03 compared to INR 43.84 a year ago. Diluted earnings per share from continuing operations was INR 31.03 compared to INR 43.83 a year ago.
Asian Paints is the Indian No. 1 and world's No. 3 in manufacturing and marketing paints and surfaces coating products. Net sales by product family and services as follows:
- paints and surfaces coating products (98.9%): decorative and industrial paints, enameling products, wood varnishes and car paints under Apex, Ace, Roÿale, Utsav, Tractor, Premium, Berger, Scib, Apco and Taubmans brands;
- home improvement services (1.1%).
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Investor
Investor
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Global
Global
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Quality
Quality
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