Asian Paints Q2 Profit Misses Estimates as Costs Rise
Asian Paints reported a second-quarter profit rise that missed estimates, as rising expenses and intensifying competition weighed.
India's Asian Paints Ltd NSE:ASIANPAINT reported a second-quarter profit rise that missed estimates on Thursday, as rising expenses and intensifying competition weighed.Prices of crude oil, whose derivatives are a key paintmaking ingredient, have surged this year as the war in the Middle East disru…