![Asian Paints Q4 profit jumps 45% to ₹1,234 cr, sales up 11%](https://images.assettype.com/fortuneindia%2F2022-06%2F1cb83231-d836-44d1-8209-930186557f09%2Fpaint.jpg?rect=0,139,2121,1061&w=300&q=95)
Asian Paints Q4 profit jumps 45% to ₹1,234 cr, sales up 11%
The board of Asian Paints has declared a final dividend of ₹21.25 per equity share, taking the total dividend payout for FY23 at ₹25.65 apiece
The board of Asian Paints has declared a final dividend of ₹21.25 per equity share, taking the total dividend payout for FY23 at ₹25.65 apiece
Citing Grasim’s ₹10,000 crore investment in the paint business, Berger CEO says they successfully faced formidable competitors and battled through in the past
Brent crude oil dropped more than 12% overnight to retreat from a 13-year high of $130 a barrel touched in the previous session.
Shares of Indigo Paints declined 10.5% to hit 52-week low of ₹1,497.65 on the BSE, while Asian Paints and Berger Paints fell up to 5%.
Competition from Grasim and JSW will change the paint business landscape.