AP-PPG Business Growth and Sustainability Report
ap asianpaints
Outlook
Demand conditions stable so far across rural & urban markets; Organization continues to
focus on strong growth for the coming quarter
✰ Good advance in monsoon overall; Few states (North, East) still showing deficit. Overall
prediction is close to normal monsoon which will support good sentiment in T3/T4 cities
❖ Rupee depreciation, on the back of global policy tightening, further aggravating inflationary
pressures. Persistent inflation could, however, dampen consumer sentiments
Overall, material inflation expected to ease gradually from second half of current financial
year. Q2 inflation estimated to be in low single digits
❖ Would continue to take calibrated prices increases to offset impact of inflation
Key global units, especially in Sri Lanka, Bangladesh, Ethiopia, Egypt, facing multiple
headwinds - expected to be under strain for some timeView entire presentation