More Stories

Informist, Wednesday, Nov. 12, 2025

 

Please click here to read all liners published on this story

--Asian Paints Jul-Sept consol net profit INR 9.94 bln
--Analysts saw Asian Paints Jul-Sept consol net profit at INR 9.01 bln
--Asian Paints Jul-Sept consol revenue INR 85.31 bln
--Analysts saw Asian Paints Jul-Sept consol revenue at INR 81.29 bln
--Asian Paints Jul-Sept consol PAT INR 9.94 bln vs INR 6.95 bln year ago
--Asian Paints Jul-Sept consol revenue INR 85.31 bln vs INR 80.28 bln yr ago
--Asian Paints to pay INR 4.5 per share interim dividend
--Asian Paints interim dividend record date is Nov 18
--Asian Paints Apr-Sept consol PAT INR 20.93 bln vs INR 18.65 bln year ago
--Asian Paints Apr-Sept consol revenue INR 174.70 bln vs INR 169.97 bln
--Asian Paints Jul-Sept consol EBITDA INR 15.03 bln vs INR 12.40 bln yr ago
--Asian Paints shrs rise to INR 2,773.1, up INR 115.9 or 4.4% vs flat earlier
--Asian Paints Jul-Sept consol EBITDA margin 17.7% vs 15.5% year ago
--Asian Paints Q2 India decorative paints volume up 10.9% on year
--Asian Paints Q2 India decorative paints revenue up 6% on year
--Asian Paints shrs surge; Q2 consol net profit, revenue beat estimates
--Asian Paints Q2 intl business revenue up 10.6% YoY in constant currency
--Asian Paints: Better demand, early festive season aided paints growth Q2
--Asian Paints: India paints ops saw broad-based growth in urban, rural areas
--Asian Paints MD: Business landscape remains challenging, highly dynamic

 

By Avishek Rakshit

 

KOLKATA – Asian Paints Ltd. took the Street by surprise not only by beating estimates on the company's September quarter financial performance, but also by reporting one of the strongest growth rates in several quarters.

 

Asian Paints reported a 43% jump in its consolidated net profit to INR 9.9 billion in the September quarter, as against the Street's estimate of INR 9.0 billion. The consolidated revenue increased by 6.3% on year to INR 85.3 billion, as against the Street's estimate of INR 81.3 billion.

 

In the quarter under review, Asian Paints' net profit growth rose to an eight-quarter high, arresting the decline in profit growth over the past five quarters. The revenue growth was also the highest since the past nine quarters, and the company reported a revenue growth in the September quarter after registering an on-year fall in its top line for the past six quarters.

 

Despite the early onset of the monsoon this year and rains lashing the country mercilessly for months, which dampen construction and home renovation activities, India's largest paint maker reported a volume growth that surpassed value growth, leading to an increase in its top line.

 

"We saw an improvement in our domestic decorative business with a double-digit volume growth of 10.9% and a 6% increase in value, despite the challenges posed by an extensive and prolonged monsoon," Amit Syngle, managing director and CEO of Asian Paints, said in a statement. "This growth was driven by our ability to generate demand across urban and rural areas through various regional activations and intense marketing/brand-building measures."

 

The early onset of the festive season this year arrested the dampened consumer sentiment caused by the rains. Contrary to projections by sector analysts that Asian Paints would face muted demand due to the monsoons, the company said it saw improved consumer sentiment despite the rains. Supportive policy actions by the government and the festive season, which created pent-up demand, boosted sales, the paint company said, adding that its September quarter revenue growth was broad-based across urban and rural centres and all product categories contributed to the growth.

 

The festive season is one of the most important periods for paint companies as people undertake renovation work, such as repainting their homes, before the festival begins.

 

"Growth was further accelerated by enhanced performance in our automotive and industrial protective coatings segments, contributing to an overall 6.7% value growth in the domestic coatings business," Syngle said. "In the international business, we delivered double-digit revenue growth, led by key markets in South Asia, the Middle-East (West Asia) and Africa."

 

Although Syngle cautioned that the overall business environment remains challenging and dynamic, the company's cost efficiencies delivered positive results in the September quarter, enabling it to increase its profit margins. This is despite Asian Paints increasing its advertising and retailing expenses during the quarter under review.

 

Total expenses increased by 4% on year to INR 73.8 billion in the September quarter, marking a 10-quarter high in the company's total outgo. Even then, Asian Paints' consolidated earnings before interest, tax, depreciation, and amortisation rose by over 21% on year to over INR 15 billion and the consolidated EBITDA margin increased to 17.7% in the September quarter from 15.5% a year ago.

 

During the first six months of the current financial year, Asian Paints' consolidated bottom line increased by over 12% on year to INR 20.9 billion and the top line increased by around 3% on year to INR 174.7 billion. The company will pay an interim dividend of INR 4.5 per share, with the record date being set as Nov. 18.

 

Anticipating the impact of rains and increased competition on Asian Paints' September quarter financial performance, the company's shares traded marginally lower Wednesday. But after the company announced its results, the scrip rose 6.8% to touch INR 2,838.70. The shares finally closed 4.2% higher at INR 2,769.80 on the National Stock Exchange. End

 

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Edited by Saji George Titus

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

 

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2025. All rights reserved.