Asian Paints reported a consolidated net profit in Q3 FY26 of ₹1,060 crore, a 4.6% YoY decrease from Q3 FY25's net profit of ₹1,110.48 crore. However, this includes exceptional items of Rs 157.61 crore because of the labour code and impairment loss after Obgenix Software Private Limited ('White Teak') was acquired. In the meantime, the company's operating revenue increased by almost 4% year over year to ₹8,867.02 crore.

Following the release of the results, the company's shares fell 5% to hit an intraday low of ₹2,546.00 in today’s session.

For Q3FY2026, the company’s standalone net sales increased by 2.9% to ₹7,601.5 crore from ₹7,383.9 crore, while PBDIT (Profit before depreciation, interest, tax, other income, and exceptional items) for the quarter increased by 7.8% to ₹ 1,626.7 crore from ₹1,508.8 crore. PBDIT margin as per cent to net sales increased to 21.4% from 20.4% in the corresponding period of the previous year. Profit before exceptional items and tax increased by 7.1% to ₹1,581.4 crore from ₹1,476.2 crore, and Net profit before exceptional items increased 6.6% to ₹1,176.6 crore. Meanwhile, net profit decreased by 7.1% to ₹1,025.3 crore from ₹1,104.1 crore.

For nine months of FY2026, net sales increased by 2.3% to ₹ 22,786.2 crore from ₹ 22,264.0 crore. PBDIT for the period increased by 6.6% to ₹ 4,505.9 crore from ₹ 4,228.1 crore. PBDIT margin as % to net sales increased to 19.8% from 19.0% in the corresponding period of the previous year. Profit before exceptional items and tax increased by 5.3% to ₹ 4,337.5 crore from ₹ 4,118.0 crore.

Asian Paints Consolidated Results:

Consolidated net sales increased by 3.9% to ₹ 8,849.7 crore from ₹ 8,521.5 crore, whereas net Profit after minority interest decreased by 4.6% to ₹ 1,059.9 crore from ₹ 1,110.5 crore.

PBDIT increased by 8.8% to ₹ 1,781.0 crore from ₹ 1,636.7 crore and profit before exceptional items and tax increased by 8.5% to ₹ 1,646.7 crore from ₹ 1,518.2 crore. Net Profit before minority interest and exceptional items increased 7.7% to ₹ 1,215.7 crore.

 Over nine months of the current fiscal year, consolidated net sales increased by 3.2% to ₹26,287.9 crore from ₹25,467.8 crore and PBDIT increased by 7.4% to ₹4,909.3 crore from ₹4,570.0 crore. Profit before exceptional items and tax increased by 6.7% to ₹ 4,546.9 crore from ₹4,261.0 crore. Net Profit before minority interest and exceptional items increased 5.6% to ₹3,351.0 crore. Net Profit after minority interest increased by 6.0% to ₹3,153.2 crore from ₹2,975.1 crore.

International business:

Net sales increased in Q3 FY’26 by 6.3% to ₹869.6 crore from ₹818.0 crore led by units in Sri Lanka, UAE and Ethiopia. In constant currency terms, Net sales increased by 4.2%. Profit before exceptional items and tax in Q3 FY’26 was ₹76.6 crore as against ₹60.8 crore in the corresponding period of previous year. Net Sales increased by 8.2% in 9M FY’26 to ₹2,451.7 crore from ₹2,266.6 crore.

Profit before exceptional items and tax increased to ₹ 191.0 crores in 9M FY’26 from ₹ 101.9 crores in the same period last year.

 Home Décor business:

For the bath fittings business, net sales decreased in Q3 FY’26 by 4.1% to ₹ 84.0 crore from ₹87.6 crore. Profit before exceptional items and tax in Q3 FY’26 came in at ₹ 0.2 crore against loss of ₹ 7.4 crores in the corresponding period of the previous year. Net sales decreased by 4.6% in 9M FY’26 to ₹252.0 crore from ₹264.2 crore. Loss before exceptional items and tax narrowed to ₹6.1 crore in 9M FY’26 as against ₹16.3 crore in the same period last year.