Asian Paints Limited — Board Meeting, 04-02-2025: Outcome of Board Meeting

The Board of Directors of Asian Paints has announced a board meeting to discuss the audited standalone and unaudited consolidated financial results for the quarter and nine months ended December 31, 2024. Highlights include a standalone net sales decrease of 7.5% to ₹7,289 Cr, with profit after tax down 23.2% to ₹1,108.6 Cr for the quarter. Consolidated net sales also declined by 6.1% to ₹8,522 Cr, with profit after tax dropping 23.3% to ₹1,110.5 Cr. The results reflect challenges such as subdued demand and increased expenses in sales and distribution.