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Asian Paints net up 16% at Rs 33.46 cr
BS 200 SCORECARD
Our Corporate Bureau / Mumbai July 29, 2004
Asian Paints has recorded a 16.2 per cent rise in its net profit at Rs 33.46 crore for the quarter ended June 30, 2004, compared with a net profit of Rs 28.79 crore recorded in the corresponding quarter of the previous year. Net sales increased 9.5 per cent to Rs 415.20 crore (Rs 379.33 crore).
 
Other income rose 5.1 per cent to Rs 4.1 crore (Rs 3.9 crore). Interest cost was down 49.3 per cent at Rs 0.73 crore (Rs 1.45 crore), while depreciation edged up to Rs 12 crore (Rs 11.8 crore).
 
While the paints segment contributed Rs 384.08 to the total revenue, around Rs 32.73 crore of revenue came from other businesses.

 
 
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