Asian Paints share: Dalal Road not enthused by Asian Paints’ good Q1 present

By /

Regardless of intensifying competitors, the corporate has gained market share within the latest quarters on the again of elevated funding on manufacturers, making digital spends to amass new age shoppers and widening its distribution community.

Synopsis

Quantity development stood at 37% – one of many highest previously six quarters. Whereas gross margins dipped by 40 bps because of materials price inflation, EBITDA margin improved 160 bps on higher scale and value efficiencies throughout companies.

ET Intelligence Group: Paints main Asian Paints posted better-than-expected efficiency on all fronts for the June quarter. Its consolidated revenues jumped 55% and web revenue surged 80% over a base quarter that was impacted by the second wave of Covid.

Quantity development stood at 37% – one of many highest previously six quarters. Whereas gross margins dipped by 40 bps because of materials price inflation, EBITDA margin improved 160 bps on higher scale and

BY

ET Bureau

3 minutes learn, Final Up to date:

  • FONT SIZE

    AbcSmall

    AbcMedium

    AbcMassive

  • SAVE
  • PRINT
  • COMMENT

Why ?

  • Unique Financial Occasions Tales, Editorials & Knowledgeable opinion throughout 20+ sectors

  • Inventory evaluation. Market Analysis. Trade Developments on 4000+ Shares

  • Clear expertise with
    Minimal Adverts

  • Remark & Interact with ET Prime neighborhood

  • Unique invitations to Digital Occasions with Trade Leaders

  • A trusted workforce of Journalists & Analysts who can greatest filter sign from noise

Supply hyperlink

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top