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Asian Paints Q2 misses Street estimates, profit falls 14% to Rs 493 crore

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Asian Paints posted on Monday a 14.4 per cent fall in second quarter profit, which missed analysts' estimates, hurt by higher expenses. Net profit fell to Rs 493 crore ($67.02 million) in September quarter from Rs 576 crore a year earlier, the company said in a statement.

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