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Asian Paints Ltd Q2FY25; 44% fall in Profits

Asian Paints is the largest home decor company in India. The 80+yr old company has major brands like Asian Paints, Berger, Apco, etc under its umbrella. The company is into wall paints, wall coverings, waterproofing, texture painting, wall stickers, mechanized tools, adhesives, modular kitchens, sanitaryware, lightings, soft furnishings, and uPVC windows.

Financial Results:

Asian Paints Ltd reported Revenues for Q2FY25 of ₹8,028.00 Crores down from ₹8,479.00 Crore year on year, a fall of 5.32%.

Total Expenses for Q2FY25 of ₹7,093.00 Crores up from ₹7,022.00 Crores year on year, a rise of 1.01%.

Consolidated Net Profit of ₹694.00 Crores down 43.67% from ₹1,232.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹7.24, down 42.40% from ₹12.57 in the same quarter of the previous year.

 

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