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homevideos Newsearnings NewsAsian Paints Q3 results today: Here’s what to expect

Asian Paints Q3 results today: Here’s what to expect

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By Mangalam Maloo  Jan 22, 2020 9:09:40 AM IST (Published)

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Mumbai-based paint company Asian Paints is set to declare its third-quarter results on Wednesday. Here are the key expectations from the company:

  • The company will benefit from aggressive promotions to dealers, lower input cost will boost margins.
  • The ramp-up of utilisation at its plants in Mysuru and Vizag will aid volumes.
  • The tax cut is likely to boost net profit, which is expected to grow 19 percent.
  • 7 percent revenue growth is expected at around Rs 5,600 crore odd.
  • 13 percent EBITDA growth is expected on the back of lower crude prices and a ramp-up in utilisation.
  • Margins should expand by about 110 basis points.
  • The domestic volume growth of 9-10 percent is likely.
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    Asian Paints Q3Asian Paints Q3 earnings previewAsian Paints Q3 resultsAsian Paints Q3FY20capacity utilisation

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