Asian Paints Q3 Results: Date, Time, Earnings Call Schedule And Share Price History
Asian Paints will also hold a conference with its investors and analysts on Feb. 4 where the senior management of the company will brief them about the Q3 performance.
Asian Paints Ltd., is set to announce its financial results for the quarter ended Dec. 31, 2024, soon. A leading paint and decor company in India, Asian Paints was established in 1942. Asian Paints is currently the largest paint company in India by market share, commanding over half of the industry's share. It has a market cap of over Rs 2.21 lakh crore.
Here is everything you need to know about Asian Paints Q3 results.
Asian Paints Q3 Results: Date And Time
In a stock exchange filing on Jan. 7, Asian Paints said that its board of directors will meet on Tuesday, Feb. 7 to announce the financial results for the October-December quarter.
"This is to inform you that a meeting of the Board of Directors of the Company will be held on Tuesday, 4th February 2025, inter alia, to consider the following: 1. Approval of audited standalone financial results of the Company for the quarter and nine months period ended 31st December 2024; and 2. Approval of unaudited consolidated financial results of the Company for the quarter and nine months period ended 31st December 2024," it said.
Asian Paints Earnings Call Details
Asian Paints will also hold a conference with its investors and analysts on Feb. 4 where the senior management of the company will brief them about the Q3 performance.
"The Company will hold a conference with investors on Tuesday, 4th February 2025. During such conference, the management will brief the investors on the performance of the Company for the quarter and nine months period ended 31st December 2024,” Asian Paints said.
Asian Paints Share Price History
Shares of Asian Paints Ltd. have gained 4.16% over the past five trading sessions and 0.37% in the last month on the NSE. However, over the past six months, the stock has declined 24.30% while plunging nearly 20% over the past year.
Asian Paints Q2 Results
Asian Paints reported a 5.3% YoY decline in Q2 revenue to Rs 8,028 crore, down from Rs 8,479 crore. Ebitda fell 28% to Rs 1,240 crore, while margins slipped to 15.4% from 20.2%. Net profit of the company dropped 44% year-on-year to Rs 694 crore, compared to Rs 1,232 crore in the same quarter last year.
