InvestorQ : How did Asian Paints manage to grow profits in a tough quarter?
Arusha Ray made post

How did Asian Paints manage to grow profits in a tough quarter?

Answer
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3 weeks ago
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Asian Paints reported 80.4% higher net profits at Rs1,036 crore with growth in value and also in volumes. Total revenues from operations were higher by 55% at a healthy level of Rs8,579 crore for Q1FY23. This was all despite the spike in input costs

Growth came essentially from the domestic decorative business, but the big takeaway was the volume growth.

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