The company will closely monitor the impact of geopolitical tensions on crude oil movement. Apart from that, higher advertising spends could pose a risk to margins
Asian Paints Q3 Results: Asian Paints reported a 35% YoY rise in Q3 profit to Rs 1,448 crore, beating estimates. Consolidated revenue from operations grew by 5.4% YoY to Rs 9,103 crore. The decorative business in India recorded a 12% volume growth and 5.5% value growth. The company s Q3 operational performance improved due to input cost pressures and a favourable mix.
Asian Paints Ltd consolidated net profit jumped 35% on year to ₹1,447.7 crore in the December quarter helped by a double-growth in volumes and as operating profit got a boost from lower raw material costs.
Asian Paints is expected to report strong quarterly earnings, with a sharp rise in consolidated net profit and revenue. The company is likely to see growth in decorative paints volume and an improvement in operational performance. The margin trajectory for future quarters will be a key focus for investors. Additionally, the outlook for the domestic decorative paints business, promotional spending trend, and raw material price trend will be closely monitored.