Asian Paints Q4 slips on high raw materials cost

Asian Paints said its fourth-quarter (January-March) net profit fell due to high raw material prices and added that the upward surge in prices is likely to continue due to shortage of key raw materials caused by global capacity constraints, the company said in a press release Wednesday.

May 11, 2011 / 12:17 IST

26 Aug, 2025 12:21

Volume

Todays L/H

By Moneycontrol Bureau

Asian Paints said its fourth-quarter (January-March) net profit fell due to high raw materials cost and added that the upward surge in prices is likely to continue due to shortage of key raw materials caused by global capacity constraints, the company said in a press release Wednesday.

first published: May 11, 2011 12:10 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347