Asian Paints' Margins Won't Retrieve Their Sheen Anytime Soon | Mint - Mint

Amid elevated inflation and likely increase in competitive pressure, Asian Paints may find it difficult to achieve 22-24% Ebitda margin in the near-medium term

Input cost inflation continued to play spoilsport for Asian Paints Ltd in the March quarter of fiscal year 2022, delaying much-awaited margin recovery. Price hikes and severe cost-cutting measures ai… [+2705 chars]

full article...