For the nine months ended December 31, 2019, Asian Paints' revenue from operations on consolidated basis has increased by 9.2 per cent to Rs 15,575.66 crore from Rs 14,256.95 crore. Profit before depreciation, interest, and tax (PBDIT) for the group has increased by 14.7 per cent to Rs 3,302.15 crore from Rs 2,879.13 crore. Profit before tax (PBT) increased by 14.2 per cent to 2,934.77 crore from 2,570.55 crore. Net Profit after non-controlling interest increased by 33.2 per cent to Rs 2,243.28 crore as compared to Rs 1,684.27 crores in the previous corresponding period, the company said in its press release.
Post the result announceement, shares of Asian Paints
were trading over 1 per cent lower at Rs 1,787 apiece on the BSE.