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

The revenue from operations for Q3FY25 stood at Rs 8,549 crore, marking a 6% decline from Rs 9,103 crore reported in the corresponding quarter of the previous financial year.

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,

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