Asian Paints Q3 Results: Profit Misses Estimates, But Margin Improves

The paintmaker's consolidated net profit attributable to shareholders rose 5.6% year-on-year to Rs 1072.7 crore in Q3.

Asian Paints container sit outside a hardware store in Mumbai. (Photo: Vijay Sartape/BQ Prime)

Asian Paints Ltd.'s profit missed estimates as extended monsoon dented demand in the peak festive season. Easing prices of key inputs, however, aided margin.

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WRITTEN BY
Sesa Sen
Sesa is Principal Correspondent tracking India's consumption story. She wri... more
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