India's Asian Paints meets first-quarter profit view
29/07/2025 09:51
July 29 (Reuters) - Asian Paints ASPN.NS, India's largest paint-maker by market share, reported first-quarter profit in-line with market expectations on Tuesday.
Consolidated net profit came in at 11 billion rupees ($126.7 million) in the reported quarter. Analysts, on an average, were expecting a profit of 11.08 billion rupees, per data compiled by LSEG.
Shares of the company turned positive after results and were last trading 2% higher.
($1 = 86.8310 Indian rupees)
(Reporting by Hritam Mukherjee in Bengaluru)
((Hritam.Mukherjee@thomsonreuters.com; X: @MukherjeeHritam;))
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