Asian Paints Q2 Consolidated Net Profit at 10.68 Billion Rupees
Asian Paints reported Q2 consolidated net profit of 10.68 billion rupees, versus the IBES estimate of 11.45 billion rupees.
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08:45:07 AM UTC
SquawkNews
India's Asian Paints Ltd NSE:ASIANPAINT missed second-quarter profit estimates on Thursday, as rising expenses amid intensifying competition in the industry weighed.The country's largest paintmaker by market value reported consolidated profit of 10.68 billion rupees ($112.06 million) for the quarte…