Brief: Asian Paints Exec Says FY25 Performance Hurt By Double Whammy Of Market Slowdown, Intense Competition

Asian Paints

08/05/2025 16:33

May 8 (Reuters) - Asian Paints Ltd ASPN.NS EXEC:

POSSIBLY NOT SEEN SUCH DEMAND CONDITIONS IN LAST TWO DECADES

FY25 PERFORMANCE HURT BY DOUBLE WHAMMY OF MARKET SLOWDOWN, INTENSE COMPETITION

NO TWO WAYS THAT WE HAVE TO SPEND MORE IN THE MARKET GOING FORWARD

DID NOT ANTICIPATE THE COMPETITIVE INTENSITY THAT CAME UP IN THE LAST YEAR

POSSIBLE CO HAS LOST SOME MARKET SHARE TO UNORGANISED PLAYERS, COMPETITION

SEEING CUSTOMERS POSTPONING REPAINTING, DOWNTRADING WITHIN PRICE SEGMENTS

Source text: [ID:]

Further company coverage: ASPN.NS

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