PRESS RELEASE

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Regd Office : Asian Paints House, 6A Shanti Nagar, Vakola Pipeline , Santacruz (E), Mumbai 400055. India
Corporate Communications : Tel : +91-22-39818990 (B) Fax : +91-22-39818787
Email : proffice@asianpaints.com
ASIAN PAINTS CONSOLIDATED NET SALES FOR THE HALF YEAR
INCREASES BY 14.3%
Mumbai, October 27, 2010: Asian Paints today announced their financial results
for the quarter and six months ended September 30, 2010.
“The prolonged monsoon experienced in most parts of the country affected paint demand
in the second quarter. We expect demand conditions to improve going forward; although
the continued upward trend witnessed in raw material prices remain an area of concern.”
said PM Murty, Managing Director & CEO, Asian Paints Limited
“Some of our subsidiaries abroad continue to face uncertain and challenging market
conditions especially in the Caribbean and in the Middle East; however, South Asia and Egypt
performed well”. he added.
Asian Paints Consolidated Results, Q2-FY’11:
For the quarter ended September 30, 2010, on consolidation of accounts of the subsidiaries
and joint venture of Asian Paints – Sales & Operating Income has risen by 5% to ` 1,810.8
crores from ` 1,723.9 crores. Profit before depreciation interest and tax (PBDIT) for the group
has increased by 2.7% to ` 331.5 crores from ` 322.8 crores. Net Profit after Minority Interest
stood at ` 214.7 crores as compared to ` 268.4 crores in the previous corresponding period.
Profit Before Tax (PBT) was at ` 323.4 crores
Highlights: Q2 & H1-FY’2011
H1 Consolidated Net Sales up by 14.3%
Consolidated Net Sales for the Quarter increases by 5%
H1 Standalone Net Sales up by 16%
Standalone Net Sales for the quarter increases by 6%
Announces Interim Dividend of 85%
PRESS RELEASE
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Regd Office : Asian Paints House, 6A Shanti Nagar, Vakola Pipeline , Santacruz (E), Mumbai 400055. India
Corporate Communications : Tel : +91-22-39818990 (B) Fax : +91-22-39818787
Email : proffice@asianpaints.com
The Board of Directors recommended the payment of an interim dividend of ` 8.50 per share
( 85 %). The company distributed an interim dividend of ` 8.50 per share (85%) for H1- FY
2010. Total dividend of ` 27 per share (270%) was distributed in FY 2010. The dividend payout
ratio was 39% in FY2010.
Asian Paints Consolidated Results, H1-FY’11:
For the six months ended 30 September 2010, Asian Paints Group Sales & operating Income
has increased by 14.3% to ` 3,641 crores from ` 3,184.2 crores. Profit before depreciation
interest and tax (PBDIT) for the group has increased by 13.4% to ` 678.6 crores from ` 598.6
crores. Net Profit after Minority Interest stood at ` 436.9 crores as compared to ` 444.5
crores in the previous corresponding period. Profit Before Tax (PBT) was at ` 657.8 crores
Asian Paints Standalone Results, Q2-FY’11:
For the quarter ended September 30, 2010, Net Sales increased by 6% to ` 1,469.5 crores
from ` 1,386.5 crores. PBDIT for the quarter increased by 4% to ` 288.6 crores from ` 277.6
crores. Net Profit stood at ` 196.2 crores as compared to ` 254.3 crores in the previous
corresponding period.
Asian Paints Standalone Results, H1-FY’11:
For the six month period ended September 30, 2010, Net Sales increased by 16% to ` 2,960.6
crores from ` 2,551.3 crores. PBDIT for the period increased by 12.9% to ` 589.2 crores from
` 521.7 crores. Net Profit on a standalone basis stood at ` 397.1 crores as compared to
` 418.8 crores in the previous corresponding period.
About Asian Paints Limited:
Asian Paints is India’s largest paint company and ranked among the top ten Decorative
coatings companies in the world with a turnover of INR 66.81 billion. Asian Paints along
with its subsidiaries have operations in 17 countries across the world with 23 paint
manufacturing facilities, servicing consumers in 65 countries through Berger
International,
SCIB Paints – Egypt, Asian Paints, Apco Coatings and Taubmans.
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For further information, please contact:
Rajdeep/Arun, Asian Paints Limited,
Tel: +91-22-39818547 / 8544
Email: proffice@asianpaints.com