Asian Paints Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 90,749.4 million compared to INR 86,075 million a year ago. Revenue was INR 92,416.7 million compared to INR 87,233 million a year ago. Net income was INR 14,477.2 million compared to INR 10,726.7 million a year ago. Basic earnings per share from continuing operations was INR 15.1 compared to INR 11.19 a year ago. Diluted earnings per share from continuing operations was INR 15.1 compared to INR 11.19 a year ago.
For the nine months, sales was INR 266,806.6 million compared to INR 256,169.8 million a year ago. Revenue was INR 272,648.2 million compared to INR 259,822.5 million a year ago. Net income was INR 42,035.1 million compared to INR 28,723.1 million a year ago. Basic earnings per share from continuing operations was INR 43.83 compared to INR 29.95 a year ago. Diluted earnings per share from continuing operations was INR 43.83 compared to INR 29.95 a year ago.