The company has delivered a solid set of numbers. Its incursions into new markets have the potential to yield rich dividends
Last updated: 08-Jul-2024•Vikas Vardhan
Asian Paints ended the last quarter of FY 2016 with good numbers. Despite a rough year in the international market the company managed an annual revenue growth of 9.5% and earnings growth of 23.8%. The company's raw material costs which are dominated by oil and solvents declined by 2%. It also cut its prices by 2% but protected its top line through volume growth. Asian Paints remains the l
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