Asian Paints Reports 6.8% Volume Growth; Revenue Beats Estimate
Asian Paints reported 6.8% decorative-business volume growth for its September quarter. Net profit and EBITDA fell short of CNBC-TV18 poll estimates.
Shares of Asian Paints Ltd., India’s largest paint manufacturer, were trading lower on Thursday, October 29, after the company reported its September-quarter results, with net profit and EBITDA falling short of CNBC-TV18 poll estimates.Asian Paints reported decorative business volume growth of 6.8…