Asian Paints Q1 preview: Profit may fall 98% as lockdown hit sales

Asian Paints Q1 preview: Profit may fall 98% as lockdown hit sales
Kotak Institutional Equities, which modelled 57 percent YoY decline in domestic decorative volumes, expects 98 percent fall in Q1 FY21 profit and 61 percent in revenue compared to year-ago quarter.