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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
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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

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