Asian Paints Q2 profit jumps 43% to ₹994 cr on strong demand; declares ₹4.5 interim dividend

Paints giant Asian Paints has reported a 43% rise in consolidated net profit at ₹994 crore for the quarter ended September 30, 2025, while its consolidated net sales stood at ₹8,514 crore for the July-September quarter of 2025-26, up 6.4% from ₹8,003 crore in Q2FY25. Asian Paints shares closed 6.58% up at ₹2,832.00 apiece on the NSE on Wednesday.

Amit Syngle, Managing Director & CEO of Asian Paints, said Q2 FY26 was a quarter of focused innovation, good execution and regionalisation of initiatives, resulting in a strong performance. "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."

He attributes growth to demand across urban and rural areas, aided by regional activations and intense marketing /brand-building. 

Talking about the company’s international business, he said the company delivered double-digit revenue growth, led by key markets in South Asia, the Middle East and Africa. But Syngle said the business landscape continues to be challenging and highly dynamic. 

The Asian Paints board at its meeting today approved the payment of an interim dividend of ₹4.50 per equity share for the financial year ending March 31, 2026. The record date for the interim dividend has been fixed as Tuesday, November 18, 2025, and the dividend will be paid on or after Thursday, November 27, 2025.  

The company said for H1 FY26, its net sales increased by 2.9% to ₹17,438.2 crore from ₹16,946.3 crore, while its net profit, after minority interest, increased 12.3% to ₹2,093.4 crore from ₹ 1,864.6 crore. 

Asian Paints’ standalone net sales increased 5.8% to ₹7,335.9 crore from ₹6,936.4 crore, while profit increased 60% to ₹955.6 crore from ₹597.4 crore. For H1 FY26, standalone sales increased 2.0% to ₹15,184.7 crore, and profit surged 15%YoY to ₹ 2,055.2 crore. 

Segment-wise, Asian Paints’ international business sales increased 9.9% to ₹846 crore from ₹769.5 crore, while profit before exceptional items stood at ₹114.4 crore in H1 FY’26 from ₹41.1 crore in the corresponding period last year. 

Home Décor saw sales decrease in Q2 FY’26 by 4.7% YoY to ₹79.3 crore from ₹83.1 crore, while sales in H1FY26 decreased 4.9% to ₹167.9 crore. PBT loss stood at ₹6.3 crore YoY in H1 FY’26. Its kitchen business sales also decreased 7.2% to ₹97.7 crore and 4.8% to ₹195.8 crore on a YoY basis in Q2 and H1, respectively. Sales at White Teak dipped 15.2% to ₹26.4 crore, while sales at Weatherseal increased 56.9% to ₹20.7 crore in Q2 FY26. Asian Paints’ industrial business sales increased in Q2 FY’26 by 10.2% to ₹ 292.6 crore from ₹265.5 crore, while APPPG sales increased 7.4% in H1 FY’26 to ₹600 crore from ₹558.7 crore.