Asian Paints Q2 results preview: Rupee fall, crude price may hit margins

Most brokerages expect the paint maker to report 8-10 per cent volume growth, but there also are some that see more upside.

India's leading paint company Asian Paints will on Monday report its earnings for the September FY19 quarter. In the previous quarter, the company had reported a 31 per cent year-on-year (YoY) surge in net profit to Rs 5.58 billion. Its revenue had risen 15 per cent on a yearly basis to Rs 43.91 billion.

On a year-to-date (YTD) basis, the company’s stock has risen 6 per cent, compared with a 1 per cent rise in the S&P BSE Sensex.

For Q2FY19, most brokerages expect the paint maker to report 8-10 per cent volume growth, but there also are others that see more