India's Asian Paints beats quarterly profit view
29/05/2026 09:42
India's Asian Paints beats quarterly profit view May 29 (Reuters) - Asian Paints ASPN.NS, India's largest paint-maker by market share, beat quarterly profit estimates on Friday, helped by domestic volume growth in its mainstay decorative paints segment.
Consolidated net profit rose 69% to 11.72 billion rupees ($123.1 million) for the quarter ended March 31, topping analysts' expectations of 11.16 billion rupees, according to data compiled by LSEG.
($1 = 95.2187 Indian rupees)
(Reporting by Urvi Dugar in Bengaluru; Editing by Rashmi Aich)
((UrviManoj.Dugar@thomsonreuters.com; +91 9558725583;))
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