{"id":4908,"date":"2024-11-11T09:39:54","date_gmt":"2024-11-11T04:09:54","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=4908"},"modified":"2024-11-11T09:39:56","modified_gmt":"2024-11-11T04:09:56","slug":"asian-paints-shares-drop-9-after-weak-q2fy25-results-amid-demand-challenges","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/asian-paints-shares-drop-9-after-weak-q2fy25-results-amid-demand-challenges\/","title":{"rendered":"Asian Paints Shares Drop 9% After Weak Q2FY25 Results Amid Demand Challenges"},"content":{"rendered":"\n<p>Asian Paints&#8217; stock fell sharply, dropping over 9 percent on November 11, following a disappointing Q2FY25 performance marked by low demand and increasing competition. At 9:20 AM, shares traded 7 percent lower at Rs 2,565. Year-to-date, the stock has underperformed with a 25 percent decline, compared to the Nifty 50&#8217;s 10 percent gain in the same period.<\/p>\n\n\n\n<p>Asian Paints reported a decline in operating profit margins, with its profit-before-depreciation, interest, and tax (PBDIT) margin slipping to 15.5 percent in Q2FY25 from 20.3 percent last year. CEO Amit Syngle commented, &#8220;Operating margins were impacted by last year\u2019s price reductions, higher material costs, and rising sales expenses.&#8221; Additionally, the company faced weakened consumer sentiment, contributing to slower sales growth.<\/p>\n\n\n\n<p>Q2FY25 revenue from operations came 5.3% y-o-y lower than expected at Rs 8,003 crore and consolidated net profit fell 42.4% to Rs 694.64 crore, lower-than-estimates of around Rs 1,205 crore.<\/p>\n\n\n\n<p>Analysts were hoping strengthening with delayed purchasing and improvement in rural markets in the second half, although sales and earnings would come under pressure in the near term.<\/p>\n\n\n\n<p>Do you have a news tip for Lakshmishree reporters? Please email us at <a>media@lakshmishree.com<\/a><\/p>\n\n\n\n<p><sub><sup>Source: <a href=\"https:\/\/www.moneycontrol.com\/news\/business\/markets\/asian-paints-shares-plunge-9-as-brokerages-sound-the-alarm-over-asian-paints-underwhelming-q2fy25-results-12862450.html\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.moneycontrol.com\/news\/business\/markets\/asian-paints-shares-plunge-9-as-brokerages-sound-the-alarm-over-asian-paints-underwhelming-q2fy25-results-12862450.html\" rel=\"noreferrer noopener\">Moneycontrol<\/a><\/sup><\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Asian Paints&#8217; stock fell sharply, dropping over 9 percent on November 11, following a disappointing Q2FY25 performance marked by low demand and increasing competition. At 9:20 AM, shares traded 7 percent lower at Rs 2,565. Year-to-date, the stock has underperformed with a 25 percent decline, compared to the Nifty 50&#8217;s 10 percent gain in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4909,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[50],"tags":[652],"class_list":["post-4908","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indian-market","tag-asian-paints-results"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=4908"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4908\/revisions"}],"predecessor-version":[{"id":4910,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4908\/revisions\/4910"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/4909"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=4908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=4908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=4908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}