Asian Paints - Result Flash - Ventura Securities

Key Takeaways

- Asian Paints Ltd reported revenues of Rs.2547.9 crore in Q1FY13 v/s market expectations of Rs.2690 crore.

- EBITDA is Rs.446.6 crore in Q1 FY13 v/s Rs.397.1 crore in Q1FY12

- The company posted a net profit of Rs.288.0 crore Q1 FY13 v/s market expectations of Rs.307 crore.

- PAT margins reduced by 30bps from 11.6% in Q1 FY12 to 11.3% in Q1 FY13

Outlook: Results lower than market expectations.

Source : Equity Bulls

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