31-July-2026
Corporate News
 
Asian Paints net up 40%, beats estimates
30-Jul-2026

Asian Paints beat June-quarter estimates on all fronts led by price hikes and stable demand conditions. The company’s consolidated net profit rose 39.9% year-on-year (YoY) to Rs 1,539 crore, compared with Rs 1,100 crore in the corresponding quarter last year. Profit also comfortably beat Bloomberg consensus estimates of Rs 1,240 crore for the period. The revenue increased 17.9% YoY to Rs 10,542 crore, against Rs 8,939 crore in the year-ago period. The topline was higher than the estimated Rs 10,183 crore for the quarter.

News Source:- https://www.financialexpress.com/business/news/asian-paints-net-up-40-beats-estimates/4305938/?ref=business_hp