Asian Paints Q3 results: Profit surges 62% to Rs 1,238 crore, beats Street estimates
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Asian Paints had reported a net profit of Rs 764.43 crore for the corresponding period a year ago.
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Asian Paints posted a net profit of Rs 1,238.34 crore for the quarter ended December 31.
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Asian Paints on Thursday reported a 62 per cent year-on-year jump in net profit to Rs 1,238.34 crore for the December quarter. The paints manufacturer was expected to post a net profit of Rs 940 crore, according to estimates by 13 brokerages polled by ETMarkets.com.
The company had reported a net profit of Rs 764.43 crore for the corresponding quarter last year.