Asian Paints Q3 profit jumps 62% to `1,265 crore

Asian Paints reported a 62.28 per cent jump in its consolidated profit to Rs 1,265.35 crore for the third quarter against Rs 779.71 crore a year ago, Revenue from operations stood at Rs 6,886.39 crore, up 25.43 per cent, against Rs 5,490.11 crore. Amit Syngle, MD & CEO, said demand conditions continued to exhibit a strong recovery across business segments, spread over most regions in the third quarter.