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Going forward, Asian Paints may need to revise margin guidance in Q4 and Q1: Amit Syngle, ET Retail - Vimarsana News

Going forward, Asian Paints may need to revise margin guidance in Q4 and Q1: Amit Syngle, ET Retail

Amit Syngle, MD & CEO of Asian Paints, discusses the softening of prices and the volatility in crude oil. He mentions that the company's PBT-AT margin guidance of 18-20% is a good target going forward, but it may need to be revised in Q4 and Q1. He also addresses concerns about increased competition and market share changes, stating that new entrants in the industry are unlikely to make a significant impact.

Asian Paints: Going forward, Asian Paints may need to revise margin guidance in Q4 and Q1: Amit Syngle - Vimarsana News

Asian Paints: Going forward, Asian Paints may need to revise margin guidance in Q4 and Q1: Amit Syngle

Amit Syngle, MD & CEO of Asian Paints, discusses the softening of prices and the volatility in crude oil. He mentions that the company's PBT-AT margin guidance of 18-20% is a good target going forward, but it may need to be revised in Q4 and Q1. He also addresses concerns about increased competition and market share changes, stating that new entrants in the industry are unlikely to make a significant impact.