Asian Paints Q3 Results: Profit growth of 6%, improved margin fail to excite Street
Asian Paints Q3 Results: India's largest paint maker by sales as well as market value reported a net profit of Rs 1,072.7 crore and revenue of Rs 8,607.5 crore -- both missing analysts' estimates. Asian Paints shares succumbed to selling pressure after the earnings announcement, as both topline and bottomline fell short of analysts' estimates.
The net profit and revenue of Asian Paints fell short of analyst estimates.