Asian Paints Ltd said its net profit rose by 15.61% to Rs206.60 crore for the third quarter ended 31 December 2010.
The company had posted a net profit of Rs178.69 crore for the same period last fiscal, Asian Paints said in a filing to the Bombay Stock Exchange (BSE).
Net sales of the company rose to Rs1,754.22 crore in the December 2010 quarter from Rs1,277.71 crore in the same period previous fiscal.
On Monday, Asian Paints ended 1.45% down at Rs2,622.30 on the BSE, while the benchmark Sensex gained 0.76% to 19,151.28 points.
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