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Asian Paints Ltd (ASPN.BO)

ASPN.BO on Bombay Stock Exchange

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Latest Key Developments (Source: Significant Developments)

India's Asian Paints March-Qtr Consol Profit Falls
Thursday, 9 May 2019 05:39am EDT 

May 9 (Reuters) - Asian Paints Ltd ::MARCH QUARTER CONSOL NET PROFIT 4.73 BILLION RUPEES VERSUS 4.81 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR MARCH QUARTER CONSOL PROFIT WAS 5.90 BILLION RUPEES.MARCH QUARTER CONSOL REVENUE FROM OPERATIONS 50.18 BILLION RUPEES VERSUS 44.92 BILLION RUPEES LAST YEAR.RECOMMENDED FINAL DIVIDEND OF 7.65 RUPEES PER SHARE.  Full Article

Asian Paints Says Fire Broke Out At Paint Manufacturing Facility In Vishakhapatnam
Monday, 8 Apr 2019 08:58am EDT 

April 8 (Reuters) - Asian Paints Ltd ::FIRE BROKE OUT AT CO'S PAINT MANUFACTURING FACILITY IN VISHAKHAPATNAM, ANDHRA PRADESH.FIRE HAS BEEN BROUGHT UNDER CONTROL.COMPANY IS IN PROCESS OF ASSESSING EXTENT OF DAMAGE.MANUFACTURING OPERATIONS OF PLANT HAVE BEEN AFFECTED.FIRE WILL NOT HAVE ANY IMPACT ON BUSINESS OPERATIONS OF CO.  Full Article

India's Asian Paints Dec-Qtr Consol Net Profit Rises 14.6 Pct
Tuesday, 22 Jan 2019 03:58am EST 

Jan 22 (Reuters) - Asian Paints Ltd ::DEC QUARTER CONSOL NET PROFIT 6.36 BILLION RUPEES VERSUS 5.55 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR DEC QUARTER CONSOL PROFIT WAS 6.14 BILLION RUPEES.DEC QUARTER CONSOL REVENUE FROM OPERATIONS 52.94 BILLION RUPEES VERSUS 42.67 BILLION RUPEES LAST YEAR.SAYS IN QUARTER MARGINS REMAINED UNDER PRESSURE ON ACCOUNT OF THE HIGHER RAW MATERIAL PRICES.  Full Article

Asian Paints Approves Appointment Of Ashwin Dani As Non-Exec Chairman
Monday, 5 Nov 2018 03:28am EST 

Nov 5 (Reuters) - Asian Paints Ltd ::APPROVED APPOINTMENT OF ASHWIN DANI AS NON-EXECUTIVE CHAIRMAN.APPROVED APPOINTMENT OF MANISH CHOKSI AS NON-EXECUTIVE VICE-CHAIRMAN.  Full Article

Asian Paints Says LIC Of India Raises Stake In Co To 7.012 Pct
Wednesday, 7 Feb 2018 05:05am EST 

Feb 7 (Reuters) - Asian Paints Ltd ::SAYS LIC OF INDIA RAISES STAKE IN CO BY 2.005 PERCENT TO 7.012 PERCENT.  Full Article

Asian Paints Buys Reno Chemicals Pharma And Cosmetics For 1.60 Bln Rupees
Tuesday, 12 Dec 2017 06:25am EST 

Dec 12 (Reuters) - Asian Paints Ltd ::SAYS ACQUIRED 100% STAKE IN RENO CHEMICALS PHARMACEUTICALS AND COSMETICS PRIVATE LIMITED.SAYS DEAL FOR 1.60 BILLION RUPEES.  Full Article

Asian Paints Acquires 49 Pct Stake In Sleek From Ahuja Family
Monday, 11 Dec 2017 06:03am EST 

Dec 11 (Reuters) - Asian Paints Ltd ::ACQUIRES 49 PERCENT STAKE IN SLEEK FROM AHUJA FAMILY.  Full Article

India's Asian Paints Sept-qtr profit up 21 pct
Tuesday, 24 Oct 2017 05:33am EDT 

Oct 24 (Reuters) - Asian Paints Ltd ::Says ‍payment of interim dividend of 2.65 rupees per equity share​.Sept quarter consol net profit 5.76 billion rupees versus 4.76 billion rupees last year.Asian Paints Ltd consensus forecast for Sept-quarter consol net profit was 5.17 billion rupees.Sept quarter consol revenue from operations 42.74 billion rupees versus 41.79 billion rupees last year.Says impact of GST continued through july and a recovery of sorts was seen only in September‍​.  Full Article

India's Asian Paints June-qtr consol profit down 20 pct
Tuesday, 25 Jul 2017 05:04am EDT 

July 25 (Reuters) - Asian Paints Ltd :Consol June quarter profit 4.41 billion rupees versus 5.53 billion rupees.Asian Paints Ltd consensus forecast for June-quarter consol net profit was 5.47 billion rupees.Consol June quarter total income 43.07 billion rupees versus 41.04 billion rupees.Says decorative business in India saw low single digit volume growth in current quarter; business impacted especially in June due to GST.Says on a sequential basis, material prices continued to witness an upward trend in the quarter thereby squeezing margins‍​.Says currency devaluation in Egypt and forex unavailability in Ethiopia impacted overall performance of international operations.  Full Article

Asian Paints says Berger International completes divestment of stake from Lewis Berger
Tuesday, 25 Jul 2017 04:50am EDT 

July 25 (Reuters) - Asian Paints Ltd :Says Berger International Private Limited completed divestment of its stake from Lewis Berger (Overseas Holdings) Limited.  Full Article

India's Asian Paints Q3 profit jumps 14.6 pct, beats estimate

Jan 22 India's Asian Paints Ltd posted a 14.6 percent rise in third-quarter net profit on Tuesday, beating estimate, buoyed by strong performances in its paints manufacturing vertical.