Asian Paints profit up 7.5%; inflation squeezes margins


Asian Paints profit up 7.5%; inflation squeezes margins

NEW DELHI: Asian Paints on Thursday reported a 7.5% year-on-year increase in consolidated net profit at Rs 1,067 crore for the Sept quarter, as strong sales growth across domestic coatings and international markets was partly offset by rising raw material costs and pressure on operating margins. Net sales rose 17% to Rs 9,954 crore.



Source link


Discover more from updatview

Subscribe to get the latest posts sent to your email.

Leave a Reply

Your email address will not be published. Required fields are marked *

Discover more from updatview

Subscribe now to keep reading and get access to the full archive.

Continue reading