The company had posted a consolidated net profit of Rs 368.18 crore and net sales of Rs 3,602.80 crore in the year-ago period, Asian Paints said in a BSE filing.

The third edition of Business Today's flagship event MindRush, opened to an invigorating debate on 'How family businesses ought to be handling professionals.' Vivek Law, Editor, Business at TV Today Network, moderated the session.

Panellists KBS Anand, Sunil Duggal and Jayadev Galla disclosed their strategies on handling relationships between professionals and promoters and what looks like the way forward for them.

KBS Anand is taking Asian Paints on a journey to consumers' kitchens and bathrooms, in a bid to future-proof its paints business.

You would think an average CEO spends a disproportionate amount of time worrying about that fierce archrival! Not really. What about shareholder activism? No way. Then, it must be the quarterly results! Absolutely not.

According to reports, Asian Paints was trying to build a plant in Karnataka but land acquisition needed for the project ran into trouble since 2013.

Asian Paints on Monday reported a consolidated net profit of Rs 329.35 crore for the third quarter ended December, 2013.

Consolidated net sales of the company during July-September quarter of the current fiscal were Rs 3,084.06 crore, compared to Rs 2,612.41 crore in the year-ago period.

India's Best CEOs 2015