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Asian Paints profit falls 45%
Financial Express Kolkata
|May 09, 2025
ASIAN PAINTS, THE country's largest paints maker, posted a 45% year-on-year drop in profit in the fourth quarter, while margins remained under stress due to inflationary pressures and higher ad spends.
The Mumbai-based company's consolidated net profit came in at ₹692.13 crore in the quarter ended March, missing Street estimates of ₹1,075 crore. The company also reported a one-time cost of ₹183 crore. The exceptional item of ₹183 crore includes an impairment loss of ₹77.8 crore on White Teak's goodwill and intangible assets, and ₹21.5 crore on Causeway Paints' goodwill, both acquisitions by the company. Additionally, there was a loss of ₹83.7 crore from the disposal of assets in In
Denne historien er fra May 09, 2025-utgaven av Financial Express Kolkata.
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FLERE HISTORIER FRA Financial Express Kolkata
Financial Express Kolkata
New US ambassador Gor talks trade with Goyal
US AMBASSADOR TO India Sergio Gor met Commerce and Industry Minister Piyush Goyal on Monday to discuss the bilateral relationship, including trade-related matters. Gor was accompanied by US Senator Steve Daines.
1 min
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Financial Express Kolkata
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2 mins
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Financial Express Kolkata
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Financial Express Kolkata
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1 min
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Financial Express Kolkata
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2 mins
January 20, 2026
Financial Express Kolkata
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2 mins
January 20, 2026
Financial Express Kolkata
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1 mins
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Financial Express Kolkata
Silver hits record ₹3 lakh; gold scales new peak
SILVER PRICES SURGED ₹10,000 on Monday to breach the record ₹3 lakh-per-kilogram mark in the national capital, driven by strong demand in domestic and global markets, according to marketmen.
1 min
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Financial Express Kolkata
Satyaki Ghosh appointed as CEO of Raymond Lifestyle
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1 min
January 20, 2026
Financial Express Kolkata
PNB net profit rises 13% to ₹5,100 cr
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1 min
January 20, 2026
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