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VERIFIEDET Markets·positive
Asian Paints Q1 Results: Net profit surges 40% YoY to Rs 1,539 crore
AI Summary
- ·Asian Paints reported a consolidated net profit of Rs 1,539 crore for Q1 FY27, a 40% increase year-on-year.
- ·Consolidated net sales for the quarter grew by 18% to Rs 10,521 crore.
- ·Profitability improved due to price hikes, a better product mix, sourcing efficiencies, and cost management.