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Asian Paints: Street's trust fades
Mint Mumbai
|January 29, 2026
Asian Paints Ltd's shares fell 4% on Wednesday after the company announced its earnings forthe December quarter(Q3FY26).
Though profitmargins were a bright spot, the company failed to sustain its 10.9% growth in domestic decorative paint volume from Q2, which came after five quartersoflucklustre growth.
Domestic decorative paint volume, Asian Paints’s backbone, grew 7.9% year-on-year in Q3, with value growth at 2.8%. A shorter festive period (just 15 days) anda prolonged monsoon in October played spoilsport. Consolidated revenue grew just 3.7% on-year to ₹8,867 crore.
Thecompany said in the earnings call that volumes in November and December were stronger than the quarterly average, suggesting an improvement towards the end of Q3. Near-term volume growth is seen at 8-10%, aided by steady demand from consumer and industrial segments.
Cette histoire est tirée de l'édition January 29, 2026 de Mint Mumbai.
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