Asian Paints has announced its financial results for the first quarter ended June 30,2013. "The decorative paints business in India did well considering the challenging and uncertain macro environment," said K.B.S. Anand, managing director and CEO, Asian Paints Limited. "Paints volume grew in double digits. Raw material prices were by and large stable with a softening bias, but were affected by the depreciation of Rupee."
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