Moneycontrol PRO

business

Asian Paints Q3 profit seen up 9% to Rs 506cr, margin may shrink

Asian Paints, one of the largest paint companies in India, is expected to report weak set of earnings in Q3FY17. Profit is likely to increase 9 percent year-on-year to Rs 506 crore but adjusted profit may fall 4 percent in the quarter gone by.

first published: Jan 20, 2017 04:51 pm

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