Asian Paints Q2 Net drops over 40 percent on weak demand

Asian Paints’ Q2FY25 results revealed a significant decrease in net profit and revenue, attributed to a slowdown in the paint industry. Domestic Decorative Coatings saw a slight decline in volumes, resulting in a 5.5% drop in overall revenue. However, CEO Amit Syngle remains optimistic for a margin recovery through recent price hikes and lower raw […]