ASIANPAINT2020-07-012020-09-30in-bse-fin:OneOperatingExpenses01Member ASIANPAINT2020-07-012020-09-30in-bse-fin:FourOperatingExpenses01Member ASIANPAINT2020-07-012020-09-30in-bse-fin:OneReportableSegmentRevenue01Member ASIANPAINT2020-07-012020-09-30in-bse-fin:OneReportableSegmentRevenue02Member ASIANPAINT2020-07-012020-09-30in-bse-fin:FourReportableSegmentRevenue01Member ASIANPAINT2020-07-012020-09-30in-bse-fin:FourReportableSegmentRevenue02Member ASIANPAINT2020-07-012020-09-30in-bse-fin:OneReportableSegmentResults01Member ASIANPAINT2020-07-012020-09-30in-bse-fin:OneReportableSegmentResults02Member ASIANPAINT2020-07-012020-09-30in-bse-fin:FourReportableSegmentResults01Member ASIANPAINT2020-07-012020-09-30in-bse-fin:FourReportableSegmentResults02Member ASIANPAINT2020-07-012020-09-30in-bse-fin:OneReportableSegmentAssets01Member ASIANPAINT2020-07-012020-09-30in-bse-fin:OneReportableSegmentAssets02Member ASIANPAINT2020-07-012020-09-30in-bse-fin:OneReportableSegmentLiabilities01Member ASIANPAINT2020-09-30in-bse-fin:OneReportableSegmentLiabilities01Member ASIANPAINT2020-07-012020-09-30in-bse-fin:OneReportableSegmentLiabilities02Member ASIANPAINT2020-09-30in-bse-fin:OneReportableSegmentLiabilities02Member ASIANPAINT2020-07-012020-09-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member ASIANPAINT2020-07-012020-09-30in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member ASIANPAINT2020-07-012020-09-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member ASIANPAINT2020-07-012020-09-30in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares ASIANPAINT 2020-04-01 2021-03-31 2020-10-05 INR Crores Half yearly Multi segment 2020-07-01 2020-09-30 Audited Standalone 45267100000.00 944800000.00 46211900000.00 21953300000.00 3688800000.00 -929300000.00 2767100000.00 153300000.00 1686500000.00 6291200000.00 35610900000.00 10601000000.00 0.00 10601000000.00 2713000000.00 -43000000.00 2670000000.00 0.00 7931000000.00 0.00 0.00 0.00 0.00 7931000000.00 594500000.00 8525500000.00 0.00 0.00 959200000.00 1 8.27 8.27 0.00 0.00 8.27 8.27 1.tThe financial results are 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.tThe Board of Directors have approved a payment of interim dividend of ` 3.35 (Rupees Three and Paise Thirty Five only) per equity share of the face value of ` 1 each for the financial year ending 31st March, 2021. The record date for the purpose of payment of interim dividend is fixed as 30th October, 2020. The interim dividend will be paid on or after 12th November, 2020. n n3.tThe Indian Parliament has approved the Code on Social security, 2020 (‘the Code’) which, inter alia, deals with employee benefits during employment and post-employment. The Code has been published in the Gazette of India. The effective date of the Code is yet to be notified and the rules for quantifying the financial impact are also yet to be issued. In view of this, the impact of the change, if any, will be assessed and recognized post notification of the relevant provisions. n n4.tThe Company has taken into account external and internal information for assessing possible impact of COVID-19 on various elements of its financial results, including recoverability of its assets. n n5.tThe Company had chosen to exercise the option of lower tax rate of 25.17% (inclusive of surcharge and cess) under section 115BAA of the Income Tax Act, 1961 introduced vide Taxation Laws (Amendment) Act, 2019. This had resulted in reversal of tax expense of ` 194.60 crores and ` 107.60 crores for the quarter and six months ended 30th September, 2019 respectively. Accordingly, the tax expense for the period and consequently, the profit after tax is not comparable with the corresponding figures of the previous year. n n6.tThe above results were reviewed and recommended by the Audit Committee and subsequently approved by the Board of Directors at their respective meetings held on 22nd October, 2020. n nFOR AND ON BEHALF OF THE BOARD n n n n nAmit Syngle ntMANAGING DIRECTOR & CEO nDIN: 07232566 nDate: 22nd October, 2020 nPlace: Mumbai Multi segment 2020-04-01 2020-09-30 Audited Standalone 69732700000.00 1463100000.00 71195800000.00 32949100000.00 5381600000.00 -489700000.00 5485900000.00 302700000.00 3355600000.00 10239900000.00 57225100000.00 13970700000.00 0.00 13970700000.00 3647500000.00 -126600000.00 3520900000.00 0.00 10449800000.00 0.00 0.00 0.00 0.00 10449800000.00 -25300000.00 10424500000.00 0.00 0.00 959200000.00 1 10.89 10.89 0.00 0.00 10.89 10.89 Other Expenses 6291200000.00 Other Expenses 10239900000.00 a. Paints 44712500000.00 b. Home Improvement 554600000.00 a. Paints 68920900000.00 b. Home Improvement 811800000.00 45267100000.00 69732700000.00 0.00 0.00 45267100000.00 69732700000.00 a. Paints 10920900000.00 b. Home Improvement 1100000.00 a. Paints 14811900000.00 b. Home Improvement -73500000.00 10922000000.00 14738400000.00 2500000.00 5200000.00 318500000.00 1.tThe financial results are 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.tThe Board of Directors have approved a payment of interim dividend of ` 3.35 (Rupees Three and Paise Thirty Five only) per equity share of the face value of ` 1 each for the financial year ending 31st March, 2021. The record date for the purpose of payment of interim dividend is fixed as 30th October, 2020. The interim dividend will be paid on or after 12th November, 2020. n n3.tThe Indian Parliament has approved the Code on Social security, 2020 (‘the Code’) which, inter alia, deals with employee benefits during employment and post-employment. The Code has been published in the Gazette of India. The effective date of the Code is yet to be notified and the rules for quantifying the financial impact are also yet to be issued. In view of this, the impact of the change, if any, will be assessed and recognized post notification of the relevant provisions. n n4.tThe Company has taken into account external and internal information for assessing possible impact of COVID-19 on various elements of its financial results, including recoverability of its assets. n n5.tThe Company had chosen to exercise the option of lower tax rate of 25.17% (inclusive of surcharge and cess) under section 115BAA of the Income Tax Act, 1961 introduced vide Taxation Laws (Amendment) Act, 2019. This had resulted in reversal of tax expense of ` 194.60 crores and ` 107.60 crores for the quarter and six months ended 30th September, 2019 respectively. Accordingly, the tax expense for the period and consequently, the profit after tax is not comparable with the corresponding figures of the previous year. n n6.tThe above results were reviewed and recommended by the Audit Committee and subsequently approved by the Board of Directors at their respective meetings held on 22nd October, 2020. n nFOR AND ON BEHALF OF THE BOARD n n n n nAmit Syngle ntMANAGING DIRECTOR & CEO nDIN: 07232566 nDate: 22nd October, 2020 nPlace: Mumbai 762500000.00 10601000000.00 13970700000.00 a. Paints 97745300000.00 b. Home Improvement 1663200000.00 99408500000.00 48539200000.00 147947700000.00 a. Paints 38635300000.00 b. Home Improvement 562400000.00 39197700000.00 5231500000.00 44429200000.00