Asian Paints’ total expenses were at ₹7,376.69 crore in the September quarter, up 4% year on year. File
| Photo Credit: Reuters
Asian Paints on Wednesday reported an increase of 46.8% in consolidated net profit at ₹1,018.23 crore in the September quarter of FY26.
The company had logged a net profit of ₹693.66 crore during the July-September period a year ago, according to a regulatory filing by Asian Paints.
Its revenue from sales was up 6.38% to ₹8,513.70 crore in the September quarter of FY26 against ₹8,003.02 crore recorded in the corresponding period a year ago.
Asian Paints’ total expenses were at ₹7,376.69 crore in the September quarter, up 4% year on year.
The company’s decorative business registered a volume growth of 10.9% with a revenue growth of 6% in the second quarter.
This was led by factors such as improved consumer sentiments aided by early festive season and registered broad-based growth across urban and rural centres, said an earnings statement from Asian Paints.
However, in the home décor business, sales of bath fitting business fell by 4.7% to ₹79.3 crore, and kitchen business declined 7.2% to ₹97.7 crore.
Sales of white teak and weatherseal products decreased by 15.2% to ₹26.4 crore in Q2 FY26. In the industrial segments, Asian Paints had a “steady double-digit growth”.
Its international sales increased by 9.9% annually to ₹846.0 crore in the quarter under review.
“In constant currency terms, sales increased by 10.6%. Profit before exceptional items and tax in Q2 FY26 was ₹76.4 crore as against ₹34.7 crore in the corresponding period of previous year,” it said.
Total income, which includes revenue from other sources, was at ₹8,729.91 crore in the second quarter of FY26, up 6.44% annually.
On a standalone basis, which mainly includes domestic numbers, Asian Paints’ revenue from sales was 5.75% higher at ₹7,335.85 crore.
In the first half of FY26, total consolidated income of Asian Paints was at ₹17,861.25 crore, up 3.08%.
Commenting on the results, Managing Director & CEO Amit Syngle said, “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.”
“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,” he said.
In a separate filing, Asian Paints informed that its board, in a meeting held on Wednesday, approved the payment of an interim dividend of ₹4.50 per equity share of face value Re 1 each for the financial year ending March 31, 2026.
Shares of Asian Paints on Wednesday settled at ₹2773.40 apiece on BSE, up 4.46% from the previous close.
Published – November 12, 2025 05:55 pm IST
