Asian Paints attributed the decline in profit to exceptional items worth ₹157.61 crore, including a one-time expense of ₹63.74 crore due to the implementation of the Labour Code
Q3FY26 company results: Firms including Tata Consumer Products, Vishal Mega Mart, Sumitomo Chemical, Prime Focus, and Ramkrishna Forgings are also to release their October-December earnings today
Elara Capital analyst Amit Purohit said some players in the sector could still deliver double-digit volume growth despite broader demand headwinds.