ASIANPAINT2019-04-012019-06-30in-bse-fin:OneOperatingExpenses01Member ASIANPAINT2019-04-012019-06-30in-bse-fin:OneReportableSegmentRevenue01Member ASIANPAINT2019-04-012019-06-30in-bse-fin:OneReportableSegmentRevenue02Member ASIANPAINT2019-04-012019-06-30in-bse-fin:OneReportableSegmentResults01Member ASIANPAINT2019-04-012019-06-30in-bse-fin:OneReportableSegmentResults02Member ASIANPAINT2019-04-012019-06-30in-bse-fin:OneReportableSegmentAssets01Member ASIANPAINT2019-04-012019-06-30in-bse-fin:OneReportableSegmentAssets02Member ASIANPAINT2019-04-012019-06-30in-bse-fin:OneReportableSegmentLiabilities01Member ASIANPAINT2019-06-30in-bse-fin:OneReportableSegmentLiabilities01Member ASIANPAINT2019-04-012019-06-30in-bse-fin:OneReportableSegmentLiabilities02Member ASIANPAINT2019-06-30in-bse-fin:OneReportableSegmentLiabilities02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares ASIANPAINT 2019-04-01 2020-03-31 2019-07-08 INR Crores First quarter Multi segment 2019-04-01 2019-06-30 Audited Standalone 43801600000.00 855000000.00 44656600000.00 21944500000.00 2773000000.00 -537500000.00 2475300000.00 192500000.00 1697900000.00 6247800000.00 34793500000.00 9863100000.00 0.00 9863100000.00 3117700000.00 220900000.00 3338600000.00 0.00 6524500000.00 0.00 0.00 0.00 0.00 6524500000.00 58000000.00 6582500000.00 0.00 0.00 959200000.00 1 6.80 6.80 0.00 0.00 6.80 6.80 1.tThe above results have been prepared in accordance with Indian Accounting Standards (‘Ind AS’) notified under Section 133 of the Companies Act, 2013, read together with the Companies (Indian Accounting Standards) Rules, 2015 (as amended). n n2.tA final dividend of ` 7.65 (Rupees seven and Paise sixty five only) per equity share of the face value of ` 1 each for the financial year ended 31st March, 2019, was approved by the shareholders at the Annual General Meeting held on 27th June, 2019 and the same was paid on 28th June, 2019.t n n3.tThe Ministry of Corporate Affairs has notified Indian Accounting Standard 116 ('Ind AS 116'), Leases, with effect from 1st April, 2019. The Standard primarily requires the Company, as a lessee, to recognize, at the commencement of the lease a right-to-use asset and a lease liability (representing present value of unpaid lease payments). Such right-to-use assets are subsequently depreciated and the lease liability reduced when paid, with the interest on the lease liability being recognized as finance costs, subject to certain remeasurement adjustments. The Company has elected to apply this Standard to its leases retrospectively to each prior reporting period presented (Retrospective application). Consequent to the retrospective application (a) the opening balance of equity as at 1st April, 2018 has been reduced by ` 42.01 crores and (b) the amount of the adjustments to each of the reported line items for the comparable prior periods and the year are as under: n nStandalone Rs. in Crs Rs. in Crs n Quarter Ended Year Ended n 31.03.19 30.06.19 31.03.19 nIncrease in finance cost 12.74 10.79 48.59 nIncrease in Depreciation and nAmortization Expense 39.87 36.84 158.59 nDecrease in Other Expense 49.29 45.03 194.21 nDecrease in Other heads (Net) 0.92 0.75 8.65 nDecrease in Profit Before Tax 2.40 1.85 4.32 nDecrease in Tax Expense 0.84 0.86 1.73 nDecrease in Profit After Tax 1.56 0.99 2.59 n nFurther, the net assets and net liabilities as at 31st March, 2019 have increased by ` 530.52 crores and ` 575.12 crores respectively. n nThe net impact of adopting this Standard on the profit for the reported periods and the previous year, and on the earnings per share, is not material. n n4.tDuring the quarter, the Company has invested in equity shares of ` 300.00 crores in Asian Paints International Private Limited and ` 80.00 crores in Sleek International Private Limited. n n5.tThe figures for the quarter ended 31st March, 2019 are the balancing figures between the audited figures in respect of the full financial year and the published year to date figures (audited) upto the third quarter of the relevant financial year. n n6.tThe above results were reviewed and recommended by the Audit Committee on 23rd July, 2019 and subsequently approved by the Board of Directors at their meeting held on 24th July, 2019. nFOR AND ON BEHALF OF THE BOARD n nK.B.S. Anand ntMANAGING DIRECTOR & CEO nDIN: 03518282 nDate: 24th July, 2019 nPlace: Mumbait n Other Expenses 6247800000.00 a. Paints 43289400000.00 b. Home Improvement 512200000.00 a. Paints 10144700000.00 b. Home Improvement -68000000.00 5000000.00 208600000.00 a. Paints 98016500000.00 b. Home Improvement 1741700000.00 36813900000.00 a. Paints 40197800000.00 b. Home Improvement 627800000.00 9559300000.00