Gujarat Pipavav Port (GPPL) reported a 28.1% surge in its standalone net profits to Rs. 66.19 crore, a boost in Q4 performance. The firm's total revenues rose to Rs. 174.5 crore during the quarter, compared to Rs.160.98 crore in the same quarter last year.

Expenses remained unchanged, enabling the jump in net profits. Gujarat Pipavav has also posted a net profit growth of 30% to Rs. 249.9 crore for the full financial year. 

Asian Paints has said that its consolidated net profits rose 10.14% to Rs 479.6 crore for its fourth quarter, compared to Rs 435.4 crore in last year's Q4.  Total income for the firm grew 9.39% to Rs 4,486.3 crore, compared to last year's quarter.

The firm's expenses have increased by 10.35%. AsianPaint's share price has been trending above its 200 day average.