Magzter GOLD ile Sınırsız Olun

Magzter GOLD ile Sınırsız Olun

Sadece 9.000'den fazla dergi, gazete ve Premium hikayeye sınırsız erişim elde edin

$149.99
 
$74.99/Yıl

Denemek ALTIN - Özgür

Asian Paints' FY26 not so rosy

Mint Kolkata

|

May 13, 2025

Pale hues

- Pallavi Pengonda

Asian Paints Ltd is caught in a double whammy of weak demand and stiff competition from new and existing companies. This hurt the paint maker's crucial decorative paints business and FY25 ended up being one of its worst years in a long time.

Consolidated net profit after minority interest was down 33% year-on-year to ₹3,667 crore in FY25. Lower revenues with volume growth at 2.5% in the domestic decorative business, coupled with higher staff costs and other expenses, took a toll on profitability. Total operating revenue declined year-on-year in each quarter of FY25, leading to an overall 4.5% drop in full-year revenue. FY25 Ebitda margin shrank 365 basis points to 17.7%.

Volume growth for Q4FY25 came in at 1.8%, marking a third straight quarter of subdued performance. Demand in urban areas continued to be soft and there was downtrading to lower-price paints, leading to an adverse sales mix.

Mint Kolkata'den DAHA FAZLA HİKAYE

Mint Kolkata

When LLMs learn to take shortcuts, they become evil

Some helpful parenting tips: it is very easy to accidentally teach your children lessons you did not intend to pass on.

time to read

2 mins

November 28, 2025

Mint Kolkata

Investors expect AI use to soar. That's not happening

An uncertain outlook for interest rates. Businesses may be holding off on investment until the fog clears. In addition, history suggests that technology tends to spread in fits and starts. Consider use of the computer within American households, where the speed of adoption slowed in the late 1980s. This was a mere blip before the 1990s, when they invaded American homes.

time to read

2 mins

November 28, 2025

Mint Kolkata

Would you like to be interviewed by an AI bot instead?

don't think I want to be interviewed by a human again,\" said a 58-year-old chartered accountant who recently had an interview with a multinational company.

time to read

3 mins

November 28, 2025

Mint Kolkata

Mint Kolkata

Can I claim TDS refund despite missing return filing deadline?

I am an NRI living in Dubai and have investments in Indian listed stocks. One of the companies I invested in, did a buyback in March, on which Tax Deducted at Source (TDS) was deducted. At that time, I was advised by a friend that I could claim a refund of TDS at the time of filing my tax return due to the benefits of the Double Taxation Avoidance Agreement (DTAA).

time to read

2 mins

November 28, 2025

Mint Kolkata

Mint Kolkata

Tech startups on M&A route to boost scale, market share

M&As were earlier used to enter new markets or geographies, but that strategy has evolved

time to read

2 mins

November 28, 2025

Mint Kolkata

Doing India’s needy a good turn: Everyone is welcome to pitch in

What may seem weakly linked with positive outcomes on the ground could work wonders over time

time to read

3 mins

November 28, 2025

Mint Kolkata

Refiners, SCI tap Korean giants for local shipyard

Indian Oil, Bharat Petroleum and Hindustan Petroleum are part of the discussions

time to read

2 mins

November 28, 2025

Mint Kolkata

It's a multi-horse Street race now as Smids muscle in

For years, India’s stock market ran on the shoulders of a few giants. Not anymore.

time to read

1 mins

November 28, 2025

Mint Kolkata

Mint Kolkata

Catamaran to boost manufacturing bets

Catamaran is focused on a few areas in manufacturing, such as aerospace

time to read

2 mins

November 28, 2025

Mint Kolkata

Mint Kolkata

What if China weaponizes its dominance of pharma inputs?

Overdependence on China for drug-making should worry the US

time to read

3 mins

November 28, 2025

Listen

Translate

Share

-
+

Change font size