Asian Paints Q1 net up 32.02% at Rs 98 cr

New Delhi, Jul 22 (UNI) Asian Paints Ltd today said its net profit for the quarter ended June 2008 increased 32.02 per cent to Rs 98 crore as compared to Rs 74.23 crore for the corresponding period a year ago.

The company's total income went up 35 per cent to Rs 1,011.19 crore for Q1 FY09 whereas it was Rs 748.99 crore during Q1 FY08.

The Group's profit after tax for the quarter ended June 2008 stood at Rs 106.21 crore as against Rs 81.93 crore for the quarter ended June 2007, registering a growth of 29.63 per cent.

Its total income for Q1 FYO9 grew 29.17 per cent to Rs 1,252.27 crore from Rs 969.44 crore for Q1 FY08.

UNI SG AK HS2010