Asian Paints: Asian Paints Q2 earnings better than expected


Source: indiatimes.com indiatimes.com

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Asian Paints Q3 and Q4 numbers could be even better because of a huge pent up demand, says Sanjay Manyal , AVP -- equity research analyst, ICICI Securities . On Asian Paints result Consolidated revenue from operations increased 5.93 per cent year on year to Rs 5,350.23 crore.That is more or less what we were expecting. We were expecting 6% growth and that number is pretty closer to that. The volume growth was approximately 7%. We believe that probably because of the shutdown or the lockdown in Q1, there would have been a lot of pent-up demand which would have...