Asian Paints Q1 Results: Profit Down 6%, But Meets Estimates

Revenue down 0.4% to Rs 8,998.55 crore versus Rs 8,969.73 crore (Bloomberg estimate: Rs 8,989 crore) Ebitda down 4.1% to Rs 1,624.97 crore versus Rs 1,693.77 crore (Bloomberg estimate: Rs 1,659 crore) Margin at 18.2% versus 18.9% (Bloomberg estimate: 18.46%) Net Profit down 6% to Rs 1,099.77 crore versus Rs 1,169.98 crore (Bloomberg estimate: Rs 1,101 crore)