PaintSquare.com


The First Word in Protective & Marine Coatings

A Product of Technology Publishing / PaintSquare
JPCL | PaintSquare News | Durability + Design | Paint BidTracker

Paint and Coatings Industry News

Main News Page


Asian Paints Doubles Q2 Profit

Tuesday, October 27, 2009

Comment | More

Asian Paints, India’s largest paint company, has announced a net sales increase of nearly 17 percent and a net profit increase of more than 100 percent for its second quarter.
 
The Mumbai-based company announced a net profit increase of 104.1% over the previous corresponding quarter. Sales & Operating Income rose by 16.8% in the quarter that ended Sept. 30, the company said.

“Demand conditions for our decorative business have been good in most parts of the country. The international business was impacted by the global slowdown; however South Asia and Middle East regions performed well. ” said P.M. Murty, MD & CEO, Asian Paints Limited.

It was the second consecutive strong quarter for the company, which recorded a net profit increase of 87% and a net sales increase of 17.1 percent in the first quarter.

The company’s stock climbed to its highest since January 1991.

Asian Paints is India's largest paint company and ranked among the top 10 decorative coatings companies in the world. With its subsidiaries, Asian Paints has operations in 19 countries across the world. Its 27 paint manufacturing facilities service consumers in 65 countries.

   

Tagged categories: Asian Paints; Earnings reports; Finance

Comment Join the Conversation:

Sign in to our community to add your comments.

Novatek Corporation
Dustless Coatings Removal

Strip it, clean it, and profile it,
all dust free! High production
rates and Blast like finishes.
Comply with new lead
standards.


Denso North America Inc.
Denso SeaShield
Marine Systems

A full range of steel, concrete and timber pile rehabilitation systems including petrolatum systems, fiberglass jackets, epoxy grouts and many other product lines.
Call 1-281-821-3355 or Visit densona.com


Van Air Systems
Need a Dry-O-Lite Refill?

Order Dry-O-Lite desiccant from Van Air Systems.
The dependable, and cost-effective solution for dry compressed air.


LS Industries
LS Blasters: Optimum Steel Cleaning Efficiency

Simplify surface prep with the precise shot control of LS Blasters. Our blast technology delivers optimum coverage and finish. 800-533-8008


CHLOR*RID International Inc.
Free Webinar

Learn about soluble salts, along with a discussion on allowable levels.
More information at
www.chlor-rid.com,

800-422-3217


Clemco Industries Corp.
Powerful Protection in a Small Package

Mounts inside blast helmet, alerts operator to dangerous breathing-air condition by audible, visual, and vibratory alarms. Easily calibrated, battery operated.


NLB Corporation
VacLance cleans up as you work

Add vacuum recovery to any NLB rotating water jet lance with a VacLance attachment and vacuum source. Model DM32283 works vertically, horizontally and in corners.

 
 
 
Technology Publishing

The Technology Publishing Network

The Journal of Protective Coatings & Linings (JPCL) PaintSquare
Durability + Design Paint BidTracker JPCL Europe

 
EXPLORE:      JPCL   |   PaintSquare News   |   Interact   |   Buying Guides   |   Webinars   |   Resources   |   Classifieds
REGISTER AND SUBSCRIBE:      Free PaintSquare Registration   |   Subscribe to JPCL   |   Subscribe to PaintSquare News
MORE:      About PaintSquare.com   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us
 

© Copyright 2000-2014, Technology Publishing / PaintSquare, All rights reserved
2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951; Tel 1-412-431-8300; Fax 1-412-431-5428; E-mail webmaster@paintsquare.com