New Delhi, May 29 -- Asian Paints Ltd joined its peers to flag the West Asia war as a near-term uncertainty on demand, even as the country's largest paintmaker reported revenue from operations ahead of Street estimates.

"The external environment remains fluid, with the West Asia conflict contributing to near-term uncertainty in demand," Amit Syngle, managing director and chief executive officer of Asian Paints, said in a company statement.

The company has taken a price hike close to about 10.5-11.0%, said Syngle during a post-earnings interaction with analysts on Friday.

While input cost pressures remain elevated, the company indicated it is not passing on the full burden to customers. "The overall impact is much higher, maybe closer t...