Lockdown hits Q4 sales | Amit Syngle of Asian Paints speaks to ET Now
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Amit Syngle of Asian Paints in an exclusive with ET Now speaks on the Q4 results and discusses what has impacted on the results, says Mumbai, Delhi, Chennai are affected more in terms of demand and the better demand is coming from Tier II, III, IV cities. Asian Paints reported a 2.1 per cent decline in net profit after non-controlling interest in the quarter ended March, while revenues from operations dropped 7.1 per cent. It said its net profit after non-controlling interest decreased by 2.1 per cent to Rs 461.89 crore as compared to Rs 471.65 crores in the previous corresponding period. Asian paints Q4 results - Saw double-digit volume growth in the first 2 months of the quarter - Lockdown impacted decorative business sales - Home improvement category continue to be impacted - International business in Ethiopia, Egypt, UAE & Nepal did well Watch! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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