Asian Paints '
consolidated net profit rose 14.35 percent year-on-year to Rs 239 crore in the
second quarter of FY13 - a tad lower than analysts' expectations of Rs 246
crore.
Consolidated net sales grew by 16.25 percent to Rs 2,616
crore from Rs 2,245 crore during the same period, which was higher than forecast
of Rs 2,528 crore.
Earnings before interest, tax, depreciation and amortization
(EBITDA) increased 18 percent year-on-year to Rs 381.7 crore in the
July-September quarter. EBITDA margin improved marginally to 14.5 percent
versus 14.3 percent during the same period.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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