Asian Paints (ASPN.NS), India's largest paint-maker by market share, beat quarterly profit estimates on Friday, helped by domestic volume growth in its mainstay decorative paints segment.
Consolidated net profit rose 69% to 11.72 billion rupees ($123.1 million) for the quarter ended March 31, topping analysts' expectations of 11.16 billion rupees, according to data compiled by LSEG.
($1 = 95.2187 Indian rupees)