Asian Paints Quarter Figures

Asian Paints' consolidated net profit attributable to the owners of the company declined 23.3 per cent year-on-year (Y-o-Y) to Rs 1,110.5 crore in Q3FY25, down from Rs 1,447.7 crore in Q3FY24

Asian Paints Q3 FY25 results: Sequentially, profit rose 60% from ₹694.64 crore.

The brokerage sees brighter prospects for these emerging contenders (Berger & Indigo) in the second half of FY25 (H2FY25), citing several headwinds for Asian Paints that could limit its growth

The company also noted that the quarter saw price cuts across product categories, which further suppressed its revenue growth

The company announced an interim dividend of Rs 5.15 per share

Despite the raw material pressures, the company posted a 172 bps expansion in operating profit margins as compared to the year ago period, given operating leverage benefits

Listed paint companies could report over 30 per cent revenue growth year-on-year (YoY), aided by double-digit volume growth in decorative paints and cumulative gains from pricing action

Chairman Deepak Satwalekar tells investors at AGM that the firm's network penetration and brand strength saw its decorative business deliver 31% growth by volume and 36% by value in FY22

Demand conditions continue to be a cause of concern