Asian Paints’ shares fell over 4% after the release of the June quarter earnings, which saw a consolidated net profit of INR1,550.37 crore ($208.71m), up 52.5% YoY. Consolidated revenue from operations increased almost 7% YoY to INR9,182.31 crore. The slump in the stock was mainly due to profit-booking as the data showed strong performance and was already priced in. The company had seen double‐digit volume and healthy value growth in the Indian decorative business; however, the international business was constrained due to the uncertain global macroeconomic environment.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend
October 1, 2026