*Asian Paints* on a consolidated basis, posted a net profit attributable to shareholders of Rs 590.20 million for the quarter ended Dec. 31, 2008 as compared to Rs 1,188.70 million for the quarter ended Dec. 31, 2007, witnessing a 50.34% decline. Total Income has increased from Rs 11,908.20 million for the quarter ended December 31, 2007 to Rs 13,331.50 million for the quarter ended December 31, 2008, witnessing a 11.95% rise.
The company reported a substantial drop in standalone net profit for the quarter ended December 2008. During the quarter, the profit of the company declined 53.47% to Rs 501.10 million from Rs 1,076.90 million in the same quarter last year. Net sales for the quarter rose 9.84% to Rs 10,064.00 million, while total income for the quarter rose 9.71% to Rs 10,237.60 million, when compared with the prior year period. The company posted earnings of Rs 5.22 a share during the quarter, registering 53.52% decline over prior year period. *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07* *%Change* *Net Sales* 10,064.00 9,162.40 9.84 *Net Profit* 501.10 1,076.90 (53.47) *Basic EPS* 5.22 11.23 (53.52) Interest cost decreased 4.83% to Rs 25.60 million while depreciation cost rose 41.02% to Rs 157.80 million over previous year period. --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
