Growth streak stalls for Asian Paints amid brush with challenges
Earnings downgrades, sluggish urban demand, and intensifying competition are weighing on Asian Paints. As Birla Opus scales up and consumer downtrading continues, can the market leader defend its dominance without sacrificing margins?
Asian Paints Q3 volume growth overshadows earnings miss, shares jump
India's Asian Paints missed third-quarter profit estimates on Tuesday, but stronger-than-expected volume growth in its core domestic decorative business sent its shares up as much as nearly 6%. Shares closed 2.
Weak demand weighs on Asian Paints Q3; Analysts see more pain in near-term
Asian Paints' consolidated net profit attributable to the owners of the company declined 23.3 per cent year-on-year (Y-o-Y) to Rs 1,110.5 crore in Q3FY25, down from Rs 1,447.7 crore in Q3FY24
Asian Paints Share Price Falls After Q3 Results, Weak Urban Demand Outlook
Rise in competitive intensity for market share, talent, and shelf-space, and mind share will keep Asian Paints' margins under pressure. To add to that, weakness in urban demand and a rise in competition in terms of mergers and acquisitions may also hurt earnings, ultimately leading to rating downgrade, Citi said.
Asian Paints shares plunge 5% post Q3 results; should you buy, hold or sell stock?
Asian Paints shares fell 5.10 per cent to hit a low of Rs 2,235. The stock has corrected 23 per cent in the past three months, and is now trading at 41 times FY27 EPS, as per analyst estimates.
Asian Paints Q3 results: Profit drops 23% to ₹1,110 crore, revenue down 6%
Asian Paints on Tuesday reported a 23.3 per cent drop in consolidated net profit to ₹1,110.48 crore for the third quarter (Q3) of the financial year 2024-25 (FY25), from ₹1,447.72 crore reported during the same period last year. Sequentially, however, profit rose nearly 60 per cent from ₹694.64 crore.
Asian Paints Q3 Results: Net profit falls 24% to Rs 1,128 crore, in line with estimates
Asian Paints Q3 Moneycontrol Estimates: Net profit down 22 percent YoY at Rs 1,131 crore; revenue down 3.4 percent at Rs 8,797 crore Asian Paints share price up 1.7 percent at Rs 2,331 on NSE ahead of Q3 results announcement; stock lost about 30 percent since the beginning of October
Asian Paints Q3 Results: Consolidated PAT Down 23.5%, Net Sales Down 6.1%
Asian Paints announced Q3FY25 earnings, reporting a decline in net sales and PAT. The company’s consolidated net sales stood at ₹8,522 crore, marking a 6.1% drop, while standalone net sales fell 7.5% to ₹7,
Asian Paints Q3 Results: Cons PAT falls 23% YoY to Rs 1,110 crore, misses estimates
Results: Q3FY25 revenue from operations declined 6% to Rs 8,549 crore from Rs 9,103 crore a year ago. The company reported a 7.5% decline in standalone Q3FY25 net sales to Rs 7,289 crore, while revenue from operations fell 6% to Rs 8,
Asian Paints' Earnings Estimates Cut By Citi After Q3 Disappointment
After Asian Paints Ltd. posted disappointing results for third quarter, Citi Research cut its earning per share estimates by 3% and highlighted concerns regarding the near-term growth outlook. The brokerage maintained a 'sell' rating, with a target price of Rs 2,300 apiece, implying a 2.1% upside from Tuesday's closing price.
Asian Paints Q3 show fails to impress brokerages, stress in urban demand to continue for few quarters
Asian Paints is cautiously optimistic on a recovery in demand conditions while it shall continue to invest in its brand and ...
Can Asian Paints shares tumble to Rs 2,000? Brokerages weigh in
Asian Paints shares fell 5% after weak Q3 earnings, with net profit down 23% YoY. Brokerages slashed target prices, citing ...
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Q3 Results Updates: Asian Paints, Titan Profit Slips; Lemon Tree Hotels Profit Nearly Doubles
The lineup of major companies declaring their third-quarter results features Asian Paints, Titan, Tata Power, Godrej ...