Asian Paints Q3 net profit seen up 25% at Rs 245 cr

Asian Paints is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its net profit is expected to go up by 25% to Rs 245 crore from Rs 196 crore (QoQ) and up 15.5% from Rs 212 crore (YoY).

January 24, 2011 / 10:14 IST

26 Aug, 2025 12:21

Volume

Todays L/H

Asian Paints is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its net profit is expected to go up by 25% to Rs 245 crore from Rs 196 crore (QoQ) and up 15.5% from Rs 212 crore (YoY).

Revenues are seen going up by 38% to Rs 2,041 crore from Rs 1,469 crore (QoQ) and up 25% from Rs 1,620 crore (YoY).

Earning before interest, depreciation, tax and amortisation (EBIDTA) is likely to go up to Rs 379 crore versus Rs 298 crore (QoQ).

EBIDTA margin is seen declining at 18.57% versus 19.7% (QoQ) and 19.61% (YoY).

Expectations
-19% CAGR expected FY11-13
-Should outperform FMCG companies given volume growth traction witnessed in previous quarters and relatively better pricing power

first published: Jan 24, 2011 10:13 am

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