Asian Paints Reports 1Q 2025-26 Results

Asian Paints announced its financial results for the quarter ended June 30, 2025.

For 1Q FY’2026, Asian Paints’ consolidated net sales decreased by 0.2% to ₹8,924.5 crores ($1.02 billion). PBDIT [profit before depreciation, interest, tax, other income, and exceptional items] (before share in profit of associates) decreased by 4.1% to ₹1,625 crores ($187 million) from ₹2,121.3 crores..

“The paint industry experienced a slight uptick this quarter, driven by marginally improved demand from urban centers, despite monsoons slowing the momentum in June,” says Amit Syngle, managing director and CEO of Asian Paints Limited.

“Our revenues for the coatings business in India were 0.2% lower than last year. Domestic Decorative paints business did relatively better compared to the earlier quarters, registering a volume growth of 3.9% and a revenue decline of 1.2%.

“The revenues from the Industrial Coatings business grew by 8.8%, on the back of good performance in Auto & Protective coating segments. The operating margins for the quarter were marginally lower on a year-on-year basis on account of higher sales and marketing investments.

“The home décor business was slow due to subdued retail consumption however the retail chain of Beautiful Homes Stores did well. On the international front, the portfolio delivered a strong performance with a revenue growth of 11.1% on a like-to-like basis (20.4% in constant currency terms), with all key markets in the Middle East and South Asia performing well.

“Confident in the long-term growth potential of home décor and paints industry, we continue to drive innovation and strengthen our brand saliency as we navigate the current demand challenges,” Syngle concludes.