Asian Paints sees Q2 revenue dip; announces interim dividend amid challenging market conditions

Asian Paints sees Q2 revenue dip; announces interim dividend amid challenging market conditions

Asian Paints Limited reported a notable revenue and profit decline for the quarter ending September 30, 2024. The company attributed its performance to weak consumer demand, adverse weather, and challenges in international markets. Despite these challenges, Asian Paints approved an interim dividend of ₹4.25 per share, underscoring confidence in its long-term outlook. Q2 Revenue Decline […]

Asian Paints reports robust growth in Q3 FY’24 with consolidated net sales up by 5.4%

Asian Paints reports robust growth in Q3 FY’24 with consolidated net sales up by 5.4%

Asian Paints Limited, a leader in the paint industry, reported impressive financial results for the quarter ending December 31, 2023. The company’s Q3 FY’24 consolidated net sales saw an increase of 5.4%, reaching ₹ 9,075 crores, compared to the previous year. This growth is indicative of Asian Paints’ resilience and strategic prowess in navigating the […]

Asian Paints to build white cement manufacturing facility in Fujairah

Asian Paints to build white cement manufacturing facility in Fujairah

Asian Paints has entered into a joint venture agreement with Riddhi Siddhi Crusher & Land Transport and Associated Soap Stone Distributing Company (ASD) to establish a white cement manufacturing facility in Fujairah, the UAE. The Fujairah white cement plant with an initial capacity of 2,65,000 tons per annum will manufacture and export white cement and […]