Asian Paints is likely to deliver a stable performance in the December quarter, with better volumes and margin improvement partially countered by weak pricing and a subdued demand backdrop. On average, five brokerages expect revenue to rise around 5% year-on-year in Q3, while profit after tax (PAT) is estimated to increase by about 8% compared […]
Asian Paints has reported significant jump in quarterly profit, primarily due to low base effect, even as sales grew for India’s largest paint maker. Asian Paints CEO Amit Syngle. Asian Paints’ quarterly results were aided by strong domestic volume growth in decorative paints and a low base. (HT) Net profit of the Mumbai-based company rose […]