 "asian paints")
Asian Paints’ net profit was up at Rs 1,017 crore during the April-June quarter of financial year 2022-23 (Q1of FY23), compared with Rs 569 crore in the year-ago period. This is a rise of 78.7 per cent.
The paints major saw its revenue increase 55 per cent to Rs 8,579 crore during the quarter under review.
“The domestic decorative business experienced good consumer demand and recorded stellar revenue growth for the quarter. The volume growth registered during the quarter is one of the highest in the last six quarters,” Amit Syngle, managing director (MD) and chief executive officer (CEO) of
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