Prøve GULL - Gratis
Asian Paints runs into dull patch
Mint Kolkata
|February 06, 2025
In a tight spot
Asian Paints Ltd is feeling the heat as brokerages continue to slash earnings estimates following weak December quarter (Q3FY25) earnings. Not only that, the outlook for the next two quarters remains challenging due to persisting stress in urban demand. The management expects a gradual recovery only in H2FY26.
The company aims to drive single-digit volume growth in decorative paints while improving its product mix. However, consumer downtrading has led to faster growth in lower-margin mass and economy segments, keeping the product mix inferior and impacting profitability.
Asian Paints' domestic decorative paint volume grew 1.6% year-on-year in Q3, hurt by a weak festival season and muted urban demand. Standalone revenue, primarily from domestic decorative paints, declined 7.5%, a sharper drop than anticipated. Consolidated revenue fell for the fourth straight quarter.
Denne historien er fra February 06, 2025-utgaven av Mint Kolkata.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Kolkata
Mint Kolkata
Can India aim for AI leadership? We should go by a strategic plan
The AI Impact Summit must converge attention on how best to leverage key resource endowments
3 mins
February 16, 2026
Mint Kolkata
'Fundamentals of biz better in India'
British multinational consumer goods maker Unilever has said “fundamentals” of its business in India, its second largest market after the US, are improving.
1 min
February 16, 2026
Mint Kolkata
Rich world’s growing civil unrest comes with an insurance sting
A category of insurance risk that hardly existed a little over a decade ago has morphed into a meaningful source of losses for the industry.
3 mins
February 16, 2026
Mint Kolkata
Retirement isn't what it used to be—and that’s why it feels scary
Retirement planning has hinged on a deceptively simple question: how much is enough?
3 mins
February 16, 2026
Mint Kolkata
PE firms, wealth funds to join BOT roads early
Model tweak to attract wealthy investors at highway auction stage
1 mins
February 16, 2026
Mint Kolkata
HOW AI IS ABETTING FRAUD AND DETECTING IT
Fake documents generated by artificial intelligence are forcing companies to use the same tech to fight back
9 mins
February 16, 2026
Mint Kolkata
AI brings moderation in entry-level hiring
Artificial Intelligence (AI) adoption has led firms to moderate hiring, primarily at the entry-level, according to a report.
1 min
February 16, 2026
Mint Kolkata
PM lays down govt's reform priorities for next decade
Structural reforms, deeper innovation, simpler governance key for govt’s ‘Reform Express’
2 mins
February 16, 2026
Mint Kolkata
'Breadth and depth Indian markets offer to FPIs is hard to ignore'
The markets have got a boost from the interim trade deal inked recently with US, and so long as the terms of the final deal don't deviate significantly from those of the former, investor interest, including that of foreign portfolio investors (FPIs), will shift to earnings growth, believes Sanjay Chawla, chief investment officer (CIO), Baroda BNP Paribas Mutual Fund.
4 mins
February 16, 2026
Mint Kolkata
AI risk is dominating conference calls, shakes markets
Investors are selling any firm perceived to be at risk.
1 mins
February 16, 2026
Listen
Translate
Change font size