Asian Paints today reported 14.6 per cent increase in consolidated net profit at Rs 239.2 crore for the second quarter ended September 30. The company had posted a net profit of Rs 208.7 crore in the previous corresponding period,Asian Paints said in a filing to the BSE. Consolidated income from operations during the quarter under review grew by 16.8 per cent to Rs 2,636.4 crore from Rs 2,256.8 crore in the year-ago period,it added. The Board of Directors has recommended payment of 95 per cent interim dividend of Rs 9.50 per share for the first six months of the fiscal,it added. Asian Paints Ltd's scrip closed the day at Rs 3,900 apiece,down 0.38 per cent from their previous close on the BSE.
