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Asian Paints Q1 FY25 Results: Profit Down 25% At Rs 1,170 Crore

Asian Paints Q1 FY25 Results: Profit Down 25% At Rs 1,170 Crore

Sakshi Batra
Sakshi Batra
  • New Delhi,
  • Jul 18, 2024,
  • Updated Jul 18, 2024, 1:18 PM IST

Asian Paints reported a drop in its consolidated net profit for Q1 FY25, declining nearly 25% year-on-year to Rs 1,187 crore. Revenue from operations during April-June also decreasing over 2% year-on-year to Rs 8,970 crore. EBITDA saw a substantial decline of 20.2%, amounting to Rs 1,694 crore, with margins contracting to 18.9% from 23.1% in the same quarter last year. Decorative Business Volume Growth At 7%.The company's international business faced challenges, with sales declining by 2.3% to Rs 679.1 crore. Despite challenges, the home decor segment showed growth, particularly in sales of bath fittings and kitchen business, which grew by 10% and 4.6% respectively. Watch exclusive interview with Amit Syngle, MD & CEO of Asian Paints, discussing Q1 results and future growth plans.

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