Asian Paints Q2 results: Net profit rises 43% to Rs 994 crore, shares up 6.5%

Asian Paints Q2 results: Net profit rises 43% to Rs 994 crore, shares up 4.5%

Paints maker Asian Paints Ltd on November 12 reported 43% rise in consolidated net profit at Rs 994 crore for the quarter ended September 30, 2025, driven strong performance in its decorative, automotive and industrial paints business. The company declared interim dividend of Rs 4.5 per share.

Consolidated net sales increased by 6.4% to Rs 8,513.7 crore in Q2FY26 from Rs 8,003 crore in Q2FY25. On a standalone basis, net sales rose 5.8 per cent to Rs 7,336 crores.

On November 12, Asian Paints shares on NSE closed trading 6.5% higher at Rs 2,832 apiece.

"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," said Amit Syngle, Managing Director & CEO of Asian Paints Ltd.

Decorative Business (India) registered volume growth of 10.9% with revenue growth of 6.0%, helped by improved consumer sentiments,  festive demand and broad-based growth across  urban and rural centres, the company said.

"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.

International business registered a growth of 9.9%. On a constant currency basis, the international portfolio delivered revenue growth of 10.6% for the quarter, led by  key markets in South Asia, the Middle East and Africa.

"Our ongoing efforts to elevate cost efficiencies have delivered positive results, allowing us to increase our profit margins even as we increased investments in our brand and retailing initiatives. The business landscape continues to be challenging and highly dynamic. However, we remain steadfast in our commitment to strengthening our brand saliency and driving innovation, to deliver sustained performance and create value for all our stakeholders,” he said.