Asian Paints reported a 43% surge in consolidated net profit after minority interest to ₹993.6 crores for Q2 FY’26. Revenue from sales increased by 6.4% to ₹8,513.7 crores. The Board has declared an interim dividend of ₹4.5 per share. Domestic decorative business volume grew by 10.9%. The international business registered a growth of 9.9%.
Financial Performance Q2 FY’26
Asian Paints announced strong financial results for the second quarter of fiscal year 2026. Key highlights include:
- Consolidated Net Sales: Increased by 6.4% to ₹8,513.7 crores (previous year: ₹8,003.0 crores).
- PBDIT (before share in profit of associates): Increased by 21.3% to ₹1,503.4 crores (previous year: ₹1,239.5 crores).
- PBDIT Margin: Stood at 17.7% compared to 15.5% in the corresponding period last year.
- Profit before exceptional items and tax: Increased by 22.2% to ₹1,391.5 crores (previous year: ₹1,139.2 crores).
- Net Profit after minority interest: Increased significantly by 43.0%, reaching ₹993.6 crores from ₹694.6 crores.
H1 FY’26 Results Overview
The company also reported results for the first half of the fiscal year:
- Consolidated Net Sales: Rose by 2.9% to ₹17,438.2 crores (previous year: ₹16,946.3 crores).
- PBDIT (before share in profit of associates): Increased by 6.7% to ₹3,128.3 crores (previous year: ₹2,933.3 crores).
- PBDIT Margin: Achieved 17.9% against 17.3% in the prior year.
- Profit before exceptional items and tax: Increased by 5.7% to ₹2,900.2 crores (previous year: ₹2,742.8 crores).
- Net Profit after minority interest: Increased by 12.3% to ₹2,093.4 crores (previous year: ₹1,864.6 crores).
Interim Dividend
The Board of Directors has declared an interim dividend of ₹4.50 (Rupees Four and Paise Fifty only) per equity share, with a face value of ₹1 each, for the financial year ending March 31, 2026. The record date is set for November 18, 2025.
Segment Performance
Key takeaways from the segment results:
- International Business: Sales increased by 9.9% to ₹846.0 crores. In constant currency terms, sales rose by 10.6%.
- Decorative Business (India): Registered a volume growth of 10.9% and a value growth of 6%.
Source: BSE
