Asian Paints reported 18.1 per cent year-on-year (YoY) growth in consolidated net profit to Rs 495 crore, which was in line with ETNow estimates.
Net profit for the same quarter of last financial year stood at Rs 418.87 crore.
The company informed BSE that the board of directors at its meeting approved payment of an interim dividend of Rs 2.65 per share of face value of Re 1 each for the financial year ending March 31, 2017.
