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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.
Bu hikaye Mint Mumbai dergisinin January 29, 2026 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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