AP-PPG Business Growth and Sustainability Report

ap asianpaints Consistent double-digit volume growth trend Decorative Business (India) 200 150 100 50 Volume Index *18.2% *21.5% *20.3% *15.2% *15.0% Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Quarterly representation of Volumes sold on base of Q1 FY19 as 100 *% represents 4 Year Compounded Growth Rate

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