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Asian Paints Q4FY21 preview: Street expects 30% revenue growth

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Asian Paints will reports its Q4FY21 numbers on Wednesday (May 12). The fourth quarter is expected to be a strong one given the favourable base and sustained recovery seen.

Asian Paints will reports its Q4FY21 numbers on Wednesday (May 12). The fourth quarter is expected to be a strong one given the favourable base and sustained recovery seen.
Analysts and stock watchers will keenly await the management commentary on the near-term uncertainty and a watch on any sort of raw material inflation.
The street expects a 30 percent revenue growth, just upwards of Rs 6,000 crore and the EBITDA to jump by 52.50 percent. This is because of a low base.
A fair amount of gross margin compression is also expected. The net profit, also on a low base, is likely to jump by 87.50 percent.
CNBC-TV18’s Mangalam Maloo has more details. Watch this video for more.

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