Asian Paints said a steady growth in standalone net profit for the quarter ended December 2014. During the quarter, the profit of the company rose 11.79% to Rs 3,681.80 million from Rs 3,293.50 million in the same quarter previous year.
Net sales for the quarter rose 5.81% to Rs 36,525.90 million, compared with Rs 34,519 million for the prior year period.
Earnings per share for the quarter stood at Rs 3.84, registering 11.95% growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Dec - 14 | Dec - 13 | %Change |
| Net Sales | 36,525.90 | 34,519.20 | 5.81 |
| Net Profit | 3,681.80 | 3,293.50 | 11.79 |
| Basic EPS | 3.84 | 3.43 | 11.95 |
Shares of the company declined Rs 31.6, or 3.47%, to trade at Rs 878.70. The total volume of shares traded was 444,079 at the BSE (1.09 p.m., Thursday).
