Comments
Asian Paints has posted a 23 per cent rise in net profit at ₹339 crore (₹275 crore) for the first quarter ended June 30. Income from operations rose 18 per cent to ₹3,362 crore from ₹2,841 crore. KBS Anand, Managing Director and CEO, said the decorative business registered double-digit growth during the quarter.
The automotive coatings too, saw good growth in the general industrial segment and refinish, while the automotive segment demand was subdued. On Tuesday, the company scrip closed 1.49 per cent up at ₹602.75 on the BSE. Our Bureau
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.