Asian Paints shares tumble 5% after Q3 PAT falls 5% YoY
Synopsis Asian Paints shares slid 5% after the company reported a nearly 5% year-on-year decline in Q3 consolidated net profit. Despite modest revenue growth, margin expansion and improved sequential profitability, investor sentiment weakened following the earnings announcement. Reuters Asian Paints shares fall 5% after Q3 net profit declines year on year despite higher sales and