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24 February, 2020 03:54 IST
Asian Paints quarterly net up 3.40%
Source: IRIS | 11 May, 2018, 10.40AM
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''The Decorative paint business in India registered double digit volume growth in the current quarter with improved demand conditions. Material prices continued to witness an upward trend thereby exerting pressure on margins which was mitigated to an extent by the price increases taken. Good demand conditions in the Auto OEM and General Industrial business segment led to improved performance of the Automotive coatings JV (PPG-AP). The performance of Industrial Coatings JV (AP-PPG) saw an improvement in the current quarter based on good growth registered in the Powder Coatings segment.

Asian Paints Limited   (Q,N,C,F)*

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