Asian Paints’ total expenses in the September quarter stood at ₹7,376.69 crore, up 4% year-on-year. file | Photo courtesy: Reuters
Asian Paints on Wednesday reported 46.8% rise in consolidated net profit at ₹1,018.23 crore for the September quarter of FY26.
According to Asian Paints’ regulatory filings, the company had posted a net profit of ₹693.66 crore during the July-September period a year ago.
Its revenue from sales rose 6.38% to ₹8,513.70 crore in the September quarter of FY26, compared to ₹8,003.02 crore in the same period a year ago.
Asian Paints’ total expenses in the September quarter stood at ₹7,376.69 crore, up 4% year-on-year.
The company’s decorative business recorded volume growth of 10.9% in the second quarter with revenue growth of 6%.
This was due to factors such as improved consumer sentiments at the start of the festive season and broad-based growth recorded across urban and rural centres, Asian Paints said in an earnings statement.
However, in the home decor business, sales of the bath fittings business fell 4.7% to ₹79.3 crore, and the kitchen business fell 7.2% to ₹97.7 crore.
Sales of white teak and weatherseal products declined 15.2% to ₹26.4 crore in Q2FY26. Among industrials, Asian Paints had “steady double-digit growth”.
Its international sales grew 9.9% year-on-year to ₹846.0 crore in the quarter under review.
“In constant currency terms, sales grew by 10.6%. Profit before extraordinary items and tax in Q2FY26 stood at ₹76.4 crore, compared to ₹34.7 crore in the same period last year.”
Total income, which includes revenue from other sources, was ₹8,729.91 crore in Q2FY26, up 6.44% year-on-year.
On a standalone basis, which mainly includes domestic figures, Asian Paints’ revenue from sales was up 5.75% at ₹7,335.85 crore.
In H1FY26, Asian Paints’ total consolidated income was up 3.08% at ₹17,861.25 crore.
Commenting on the results, Managing Director and CEO Amit Single said, “Despite the challenges posed by the widespread and prolonged monsoon, we saw improvement in our home decorative business with double-digit volume growth of 10.9% and value growth of 6%.”
“This growth was driven by our ability to generate demand in urban and rural areas through various regional activities and intensive marketing/brand-building measures,” he said.
In a separate filing, Asian Paints said its board at its meeting held on Wednesday approved the payment of an interim dividend of ₹4.50 on each equity share of face value of Rs 1 for the financial year ending March 31, 2026.
On Wednesday, shares of Asian Paints closed at ₹2773.40 on the BSE, up 4.46% from its previous close.
published – November 12, 2025 05:55 PM IST
