Asian Paints announced their financial results
for the quarter and six months ended September 30, 2013, on 21st October, 2013.

“The Decorative Paints business in India fared very well and registered good double digits
volume growth. Good growth witnessed across geographies especially in Tier 2 & Tier 3
cities” said K.B.S. Anand, Managing Director & CEO, Asian Paints Limited.

“Industrial coatings business continues to be affected by the economic slowdown.
Automotive coatings growth was subdued due to lower demand in the auto sector. The
International business registered good growth with volume sales exceeding 1 lac KL mark in
the first six months of FY 2014. Middle East and Asia have done well even though some
countries continued to be affected by political events and macro economic uncertainty” he
added

Asian Paints Consolidated Results, Q2-FY’14:
For the quarter ended September 30, 2013, on consolidation of accounts of the subsidiaries
and joint venture of Asian Paints – Income from operations has risen by 18.3% to Rs. 3114.7
crores from Rs. 2632.9 crores. Profit before depreciation interest and tax (PBDIT) for the
group increased by 37.9% to Rs. 556.2 crores from Rs. 403.4 crores. Net Profit after Minority
Interest increased by 36.7% to Rs. 326.8 crores as compared to Rs. 239.2 crores in the previous
corresponding period. Profit Before Tax (PBT) increased by 36.1% to Rs. 483.9 crores from
Rs. 355.5 crores.

The Board of Directors recommended the payment of an interim dividend of Rs. 1.10 per share
(110%). The company distributed an interim dividend of Rs. 9.50 per share (95%) for
H1- FY2013. Total dividend of Rs. 46 per share (460%) was distributed in FY 2013. The dividend
payout ratio was 49.1% in FY2013.
Asian Paints Consolidated Results, H1-FY’14:
For the six months ended 30 September 2013, Asian Paints Group Income from operations has
increased by 15.0% to Rs. 5955.8 crores from Rs. 5179.0 crores. Profit before depreciation
interest and tax (PBDIT) for the group has increased by 20.0% to Rs. 1048.5 crores from
Rs. 873.9 crores. Net Profit after Minority Interest increased by 14.1% to Rs. 602.0 crores as
compared to Rs. 527.5 crores in the previous corresponding period. Profit Before Tax (PBT)
increased by 16.1% to Rs. 907.9 crores from Rs. 781.7 crores.

Asian Paints Standalone Results, Q2-FY’14:
For the quarter ended September 30, 2013, Income from operations increased by 18.2% to
Rs. 2532.0 crores from Rs. 2142.8 crores. PBDIT for the quarter increased by 39.9% to Rs. 504.2
crores from Rs. 360.4 crores. Net Profit increased by 38.8% to Rs. 310.6 crores as compared to
Rs. 223.8 crores in the previous corresponding period.

Asian Paints Standalone Results, H1-FY’14:
For the six month period ended September 30, 2013, income from operations increased by
15.6% to Rs. 4851.7 crores from Rs. 4196.8 crores. PBDIT for the period increased by 23.4% to
Rs. 975.6 crores from Rs. 790.3 crores. Net Profit on a standalone basis increased by 19.3% to
Rs. 594.5 crores as compared to Rs. 498.4 crores in the previous corresponding period.

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