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 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.
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: Net profit at Rs 1,128 crore, almost meets Street estimates; shares jump
Earnings: Asian Paints registered a 23.5 per cent decline in its net profit for the October-December period. The earnings come days after the Narendra Modi 3.0 government presented its Budget for FY26 with an aim to boiost middle-class income and spur consumption.
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 Q3 Results: Net profit of ₹1,128 crore; margin and volumes beat expectations
Asian Paints is likely to report a 3% decline in its revenue for the quarter compared to the year-ago period, as per a CNBC-TV18 poll.
Asian Paints Faces a Bleak Q3, Profit Falls by Over 23%
Results: Another quarter in pain for the company. Asian Paints reported a decline of 23.3% in its net profit to Rs 1,110.5 crores
Asian Paints flags weak urban demand as Q3 earnings fade
Raw material costs stood at 57.7% of the consolidated revenues-higher than the year-ago level of 56.5%. Other expenses, too, climbed to make up 16.2% of the revenues-much higher than the y-o-y level of 14.
Q3 Results Highlights: Torrent Power's net profit surges 31% to ₹489 crore
Nifty earnings Asian Paints and Titan Company will report their October-December quarter results today. Apart from these two company, several other companies including Tata Power, Godrej Properties, Apollo Micro Systems,
Asian Paints' strong volumes offset quarterly profit miss, shares rise
India's Asian Paints missed third-quarter profit estimates on Tuesday, though stronger-than-expected volume growth in its core domestic decorative business lifted its shares by 5%. The paintmaker's consolidated net profit during October-December slumped 23% to 11.
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 focus on innovation.
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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 ...
India's Asian Paints misses Q3 profit view as competition, dull demand weighs
India's Asian Paints missed third-quarter profit estimates on Tuesday, pressured by intense sector competition and a continued reduction in discretionary spending by inflation-strained consumers. The ...