Economy · India
Asian Paints reports Q1 profit growth, retains FY27 outlook
Asian Paints reported a 40% profit growth for the first quarter, exceeding market expectations. The company maintained its financial year 2027 outlook, projecting 8-10% demand growth and 18-20% EBITDA margins. However, the company's stock shed 3% following the results, despite generally bullish analyst views. Geopolitical tensions and raw material price volatility were cited as factors clouding the future outlook.
How outlets across the spectrum covered it
Left 0 · Centre 2 · Right 0 n = 2
- Centre (2): Business Standard, Mint