Asian Paints Ltd has reported total income of Rs.6886.39 crores during the period ended December 31, 2020 as compared to Rs.5432.86 crores during the period ended September 30, 2020 Rs.5490.11 crores during the period ended December 31, 2019.

The company has posted net profit  of Rs.1238.34 crores for the period ended December 31, 2020 as against net profit of Rs.830.37 crores for the period ended September 30, 2020 and  Rs.764.43 crores for the period ended December 31, 2019.

The company has reported total income of Rs.15289 crores during the 9 months period ended December 31, 2020 as compared to Rs.15824.17 crores during the 9 months period ended December 31, 2019.

The company has posted net profit of Rs.2287.16 crores for the 9 months period ended December 31, 2020 as against net profit of Rs.2243.28 crores for the 9 months period ended December 31, 2019.

The company has reported EPS of Rs.23.84 for the 9 months period ended December 31, 2020 as compared to Rs.23.39 for the 9 months period ended December 31, 2019.

"Demand conditions continued to exhibit a strong recovery across business segments, spread over most regions in the third quarter of this financial year. The domestic Decorative business delivered a powerful performance with more than 30% volume growth led by a strong performance in premium and luxury portfolios. The Home Décor foray of Asian Paints got a big fillip from a strong performance of the Home Improvement business. The Industrial coatings business delivered a robust performance, particularly in Protective coatings and Auto OE businesses which rebounded in a big way, benefited by resurgence in the industrial activity. The International business recorded a double-digit volume growth, strongly led by good growth in Asia and Middle East. Profitability across businesses has been well supported by a good Sales mix and some excellent work in cost optimization & sourcing measures pursued strongly through innovation programs" said Amit Syngle, Managing Director & CEO, Asian Paints Limited.