Asian Paints Q3 Results Preview: Softer Volumes May Persist as Lower Raw Material Prices Underpin Earnings Growth

Preview of Asian Paints Q3: Asian Paints’ third-quarter earnings are probably going to be bolstered by improved margins driven by cheaper raw material prices.

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Asian Paints Q3 Results Preview: Softer Volumes May Persist as Lower Raw Material Prices Underpin Earnings Growth

Preview of Asian Paints Q3: Asian Paints’ third-quarter earnings are probably going to be bolstered by improved margins driven by cheaper raw material prices.

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Preview of Q3 Results: Asian Paints is probably going to report a mixed-bag result for the quarter that ends in December.

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According to observers, the demand for paint was strong during November’s festival month but declined after that.

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There was no significant increase in demand throughout the quarter due to the unpredictable monsoon pattern.

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Nonetheless, the demand from industries and projects is probably going to sustain the expansion of paint producers like Asian Paints.

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Paint firms are expected by ICICI Securities to achieve mid-single-digit volume growth in Q3 FY24.

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