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Asian Paints reports significant 42.4% year-on-year drop in net profit

By Economic Times - 2 weeks ago
Asian Paints saw a significant drop in profits for the July-September quarter. The company's net profit fell by 42.4% compared to the same period last year. Asian Paints attributed the decline to lower demand and unfavorable market conditions. Despite the challenges, the company announced an interim dividend for the financial year ending in March 2025.

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