Asian Paints reports strong Q2 earnings, stock jumps 6%
pre-market1 source ↓written by the desknot a recommendation
- following
- 6%
- year-on-year
- 47%
- volume growth reached
- 10.9%
- Revenue also rose
- 6.4%
- ₹8,531 cr
Asian Paints shares surged 6% following its Q2 results, reporting a net profit of ₹1,018 cr, up 47% year-on-year. Domestic decorative volume growth reached 10.9%, exceeding expectations. Revenue also rose 6.4% to ₹8,531 cr, surpassing analyst forecasts. This performance may boost sentiment across the paints sector and related industries.
Not investment advice. For informational purposes only.