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APUSECi 15/'145
11h May, 2016

BSE Limited
Corporate Relationship Department
Phiroze Jeejeebhoy Towers,
25th Floor, Dalal Street.
Mumbai - 400 001

Si(s),
Re: Our letter no. APUSEC/i5/120 dated 11o Mav. 2016

This is to inform you that there has been a typo enor in the press Release on the financial
results of the Company for the quarter and year ended 31"' March, 2016, submitted to the
Stock Exchanges, along with our letter as per the captioned subject:
Para 2 of page no. 'l of the Press Release to be read as follows:
"For the quatTer ended March 31, 2016, on consolidatin of accounls of the subsidiaies and joint
vontures of Asian Paints - lncome ftum o@rations has isen by 12.3 /. to Rs. 3,971.3 ctor's from R8.
3,535.0 crcres. Ptofit before deprcciation intercst and tax (pBDlT) for the grcup incrcased by 25.7 o/o
to Rs. 703.7 qores from Rs. 559.9 croles. Profit Beforc Tax (pBT) increased by 24.1 % to Rs. 647.6
crores ffom Rs. 521.8 dorcs Net Profit afler Minority lnterest lncrcased by 19.9 % to Rs. 4og.g crcres
as compared to Rs. 341.O crorcs in the prcvious conesponcling perbd".
Please find attached the revised Press Release on the financial results of the Comoanv for the
quader and year ended 31"r March. 2016.
This is for your infomation and recod.

Thanking you,
Yours trulv.

SIAN PAINTS LIMITED

JAYESH i'ERCHANT
CFO & COMPANY SECRETARY,
PRESIDENT - INDUSTRIAL JV8

:$
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National Slock Exchange of India Limited

Prnted on l00o/o Rec!.led P.pe.

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Op asianpaints
PRESS RELEASE
PAIT{IS CONSOI.IDATED NEI PROIIT FOR THE QUARTER INCREASES 8Y

I'.9%

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rr
,1.

consolidated Income from operations forthe Quarter increases by 12.3 %

12M Consolidated lhcomefrom operations increases by 9.5 %

{. 12M Consolidated Net Profit up by 23.7 %

* Standalon lncomefrom operations forthe Quartr increases
.i. standalone PBD|Tfor the Quarter up by 23.9 %
{. 12M standalone Income from operations increases by8,6 /.
.:. 12M Standalone Net Profit up by 20.3 %

by 11.5%

Dlvldend

Announces Final Dividend of< 5.3 per equity share {Totaldividend for
< 7.5 per equity share )

FY

2016ls

Mumbai, May 11, 2016r Asian Paints [td today announced their financial resuks for the quarter and
Twelve months ended March 31, 2016.

-fhe decorotive business segment in lndio rcgisteted double digit volume grcwth in the Joutth quorter.
Lower row moteridl prices oided gross morgint. lndustriol Coatings JV (AP-PPG) registerecl clecent growth
in the Industriol Liquid Points ond Powder coating segments. ln the Automotive cootings lv (PPG-AP), the
Auto OEM segment sow good demand pick-up in theJoufth quorter. The lnternationol business rcgisteted
good perfotmdnce in the lourth quorter on the back ol growth in key morkets ol Middle Eost ond
Bangladesh. lJnit in Ethiopio olso did well

duing the quarter. ln the Home lmprovement cotegory, the

pace of growth hos been slower thdn expeded, However, we continue to focus on exponding the Kitchen
and Both business ond de ve efliciencies. ln the kitchen business, we hove launched the 'smart kitchen'

rdnge ond

in

the Eath business,

we hove introduced'Both

Sense'

' o sonitory'wore ronge of

products"said K.B.S. Anand, Managlng Diredor & CEO,Aslan Paints Llmited

Asian Paints Consolldated Results, Q4-FY'16:

For the quarter ended March 31, 2016, on consolidation of accounts of the subsidiaries and joint
ventures of Aslan Paints - Income from operations has risen bv 12.3 % to{ 3,971.3 croreslrom ?3,535.0
crores. Profit before depreciation interest and tax (PBDIT) for the group increased bY 25.7 % to < 703.7
crores from a 559.9 crores. Profit Before Tax (PBT) increased by 24.I a/a to? 647.6 ctores from < 5218
crores. Net Profit aftr Minority Interest increased by 19.9 % to < 408.8 crores as compared to { 341.0
crores in the previous corresponding period,

Page 1 of 2
Corporate ldentification Number (ClN): 124220MH1945P1C004598
Regd Ofiice : Asian Paints Hous, 6A Shanti Nagar Vakola Pipeline , Santacruz (E), Mumbai400055 India
CoDotate Communicalions : Tel : +91-22218 1 168 (D)/62181000(B)iFax:+91-2242181111)

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Op asianpaints
PRESS RELEASE
Asian Palnts Coniolldated Results, 12M-fY'16:
For the twelve months ended March 31, 2016, Asian Paints Group Incom from operations has
increased by 9.5 % to < 15,534.1 crores from { 14,182.8 crores. Profit before depreciation interest and
tax (PBDlTllorthe Broup has inc.eased by 25.6% to< 2808.6 crores from{ 2235.4 crores. Profit Before
Tax {PBT) increased by 26.6 % to{ 2528.4 crores from 12076.9 crores. Net Profit after N4inority Interest
increased by 23.7 % to { 1725.2 crores as compared to < 1395.2 crores in the previous corresponding
period.
The Board of Diretors recommended the payment offinaldividend of? 5.30 per equity share (530%).
An interim divldend of< 2.20 per equity share (220%) was distributed in FY'15-16. Thus total dividnd
announced tor FY'15-16 will be < 7.5 per equity share (750%). The total dividend for th year FY'14-15

wasl6.10 perequity share olface value< l each (610%).

Aslan Palnts Standalone Results, Q4-FY'161
For the quarter ended March 31, 2016, lncome from Operations has increased by 11.5 % to < 3,219 1
crores from 12,887.0 crores. PBDITfor the quartr increased by 23.9 % to { 620.2 crores from ( 500.7
crores. Net Profit on a Standalone basis increased by 13.9 % to t 387.0 croresfrom < 339.8 crores.
Aslan Palnts Standalone Results, 12M-Fy'16.
For the year ended March 31, 2016, lncome from Operations increased by 8.6 % to < 12,95.9 crores
from < 11,&8.8 crors. PBDIT for the year increased by 23.3 yo to< 2,479.6 crcrs as compared to <
2,010.5 crores in the previous year. Net Profit on e standalone basis increased by 20 3 % to < 1,597 4
crores from{ 1,327.4 crores in the previous year,

About Aslen Paints limited:

Asion Points is Indio's leading point company and ronked omong the top ten Decorctive cootings
componies in the world with o consolidoted turnover of < 15,334.14 crorcs l< 75534 bi ion). Ation
Points olong with its subsidiories hdve operctions in 79 count es octoss the world with 26 paint
monuloctuing focilities, servicing consumers in ovet 65 countries through Berger lnternotionol, SclB
Points - Egypt, Asion Paints, Apco Cootings, Tdubmdns ond Kodisco. Asion Points has olso motked its
loroy into the Home lmprcvement ond Dtcot spoce in lndia with the ocquisition of Sleek group - o
kitchen solutions provider ond Ess Ess Bathrcom Prcdutts - o prcminent ployer in the both ond wash

-ends-

Pago 2

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Corporate ldentificatjon Number (ClN): 124220MH1945P1C004598

Regd Office Asian Paints House, 6A Shanti Nagar Vakola Pipelrne , Santacruz (E), Mumbai400055 India
Corporate Communicarions:Tel +91-22-62181168 lD)/62181000(B)rFaxr+91-22-62141111

Email Pl9fig9@e$lpddsig!0