Asian Paints lifts prices 2-4% from mid-June, cumulative hike hits 10.6%
Third price increase to defend margins against volatile raw material costs. Q4 revenue ₹9,247 cr, net profit ₹1,185.5 cr at 19.3% margin. Volume growth 12.7% outpaced value growth of 11%, signalling mix pressure. Targets 18-20% margin band via premiumisation; rural outpaces urban, Middle East ops disrupted.
Asian Paints announces another 2-4% price hike from mid-June to offset volatile raw material costs, taking cumulative increases to ~10.6%. Targets 18-20% margins via premiumisation. Q4 revenue ₹9,247 cr; rural demand outpaces urban; Middle East ops disrupted.