Exclusive: Asian Paints' MD & CEO Amit Syngle Expects Near-Term Pain To Continue In Q3 & A Better Q4

In Q2 FY25, Asian Paints reported a sharp 42.4% drop in net profit, landing at ₹694.64 crore, compared to the same period last year. The company, India’s largest paint manufacturer, saw a 0.5% decline in volume in its decorative paints segment in India, with net sales falling 5.3% to ₹8,003.02 crore due to weak demand. Despite domestic challenges, its international portfolio achieved 8.7% revenue growth on a constant currency basis. In an exclusive interview with Business Today TV, Asian Paints' MD & CEO Amit Syngle, discusses the key factors behind this profit slump, the impact of rising competition, trends in the paint industry, export dynamics, and the outlook for upcoming quarters. Tune in to gain more insights.