Asian Paints on Tuesday reported a 23.3 per cent drop in consolidated net profit to ₹1,110.48 crore for the third quarter (Q3) of the financial year 2024-25 (FY25), from ₹1,447.72 crore reported during the same period last year. Sequentially, however, profit rose nearly 60 per cent from ₹694.64 crore.

After Asian Paints Ltd. posted disappointing results for third quarter, Citi Research cut its earning per share estimates by 3% and highlighted concerns regarding the near-term growth outlook. The brokerage maintained a 'sell' rating, with a target price of Rs 2,300 apiece, implying a 2.1% upside from Tuesday's closing price.

Asian Paints Q3 Moneycontrol Estimates: Net profit down 22 percent YoY at Rs 1,131 crore; revenue down 3.4 percent at Rs 8,797 crore Asian Paints share price up 1.7 percent at Rs 2,331 on NSE ahead of Q3 results announcement; stock lost about 30 percent since the beginning of October

Results: Another quarter in pain for the company. Asian Paints reported a decline of 23.3% in its net profit to Rs 1,110.5 crores

Nifty earnings Asian Paints and Titan Company will report their October-December quarter results today. Apart from these two company, several other companies including Tata Power, Godrej Properties, Apollo Micro Systems,

Asian Paints reported revenue from operations at Rs 8521.51 crore, down 6.10 per cent as against Rs 9,074.94 crore during the third quarter of previous financial year.