'Net
sales (including other operating income) of Asian Paints has increased 6.28% to
Rs 8531.27 crore. Decorative Business
(India) recorded a robust volume growth of 10.9% and revenue growth of 6.0%
during the quarter. The performance was supported by improved consumer
sentiment, aided by favorable policy measures and an early festive season,
which helped offset the impact of an extended monsoon through September. The
company achieved broad-based growth across both urban and rural markets, with
all product categories contributing positively to the overall performance. The
Industrial segment also maintained steady double-digit growth, reflecting
sustained demand momentum.
Operating
profit margin has jumped from 15.44% to 17.62%, leading to 21.29% rise in
operating profit to Rs 1,503.38 crore.
Raw material cost as a % of total sales (net of stock adjustments)
decreased from 48.81% to 44.61%.
Purchase of...
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