Asian Paints Limited reported a consolidated net profit of ₹1,110 crore in the third quarter of the fiscal year 2024-25. On an annual basis, the PAT has fallen 23%. In the same quarter a year ago, the company had clocked a profit of ₹1,448 crore. In the October-December quarter, the company's revenue from sales decreased by 6% to ₹8,549 crore. A year ago, in October-December 2023, the company generated revenue of ₹9,103 crore. The money received from selling goods and services is called revenue. It does not include any expenses or deductions. Profit increased by 60% on a quarterly basis Compared to the previous quarter, ie, July-September, the company's profit increased by 60%. In Q2FY25, the company had reported a profit of ₹695 crore. Sequentially, the revenue also increased by 6% in Q3. In the second quarter, the company had generated revenue of ₹8,028 crore. Asian Paints share price performance Asian Paints operates in more than 60 countries Asian Paints was established in 1942. It was founded by a group of four friends. Since, 1968, it has had a significant share in the India's paint market. Currently, Asian Paints operates in 15 countries. It has 27 paint manufacturing facilities worldwide, providing customer service in over 60 countries. Asian Paints Group Cos: The Asian Paints group includes several companies. These include Asian Paints Berger, Apco Coatings, SCIB Paints, Taubmans, Asian Paints Causeway, and Kadisco Asian Paints, providing services worldwide.Original Article