New Delhi: Asian Paints on Thursday reported 14.6 percent increase in consolidated net profit at Rs 239.2 crore for the second quarter ended September 30.

The company had posted a net profit of Rs 208.7 crore in the previous corresponding period, Asian Paints said in a filing to the BSE.

Consolidated income from operations during the quarter under review grew by 16.8 percent to Rs 2,636.4 crore from Rs 2,256.8 crore in the year-ago period, it added.

The Board of Directors has recommended payment of 95 percent interim dividend of Rs 9.50 per share for the first six months of the fiscal, it added.

Asian Paints Ltd's scrip closed the day at Rs 3,900 apiece, down 0.38 percent from their previous close on the BSE.


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