Asian Paints reported a 7.5% year-on-year rise in Q2 consolidated profit to Rs 1,067.6 crore, while net sales grew 16.9% to Rs 9,953.9 crore. Higher raw material costs weighed on margins, prompting further staggered price hikes. The company also declared a dividend of Rs 5.75 per share.
Asian Paints reported a 7.5% year-on-year rise in Q2 consolidated profit to Rs 1,067.6 crore, while net sales grew 16.9% to Rs 9,953.9 crore. Higher raw material costs weighed on margins, prompting further staggered price hikes. The company also declared a dividend of Rs 5.75 per share.
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