Whalesbook
Asian Paints is expanding its global footprint with a new AED 140 million (₹340 crore) paint manufacturing facility in Abu Dhabi, UAE, set to produce 55,800 KL annually. This strategic move by its step-down subsidiary comes alongside impressive Q2 results. The company reported a 47% surge in net profit to ₹1,018 crore and a 6.4% rise in revenue to ₹8,531 crore, significantly beating market expectations.