Asian Paints Ltd has announced its financial performance for the second quarter of the fiscal year 2026, which ended on September 30, 2025. The company reported an impressive 43% year-on-year increase in consolidated net profit, amounting to Rs 993.6 crore, compared to Rs 694.6 crore during the same timeframe last year. The board of directors also declared an interim dividend of 450% for shareholders, reflecting the company’s strong financial health.
In terms of consolidated net sales, the company experienced a growth of 6.4%, reaching Rs 8,513.7 crore in Q2 FY26, up from Rs 8,003 crore in the previous year’s quarter. This rise in sales has been attributed to enhanced cost efficiencies and optimized pricing strategies, which helped the Profit Before Depreciation, Interest, Tax, and Other Income (PBDIT) grow by 21.3% to Rs 1,503.4 crore. Consequently, the PBDIT margin saw a significant improvement, increasing from 15.5% to 17.7% year-over-year. The profit before tax also reflected a healthy increase of 22.2%, totaling Rs 1,391.5 crore.
Regarding the dividend, the company announced an interim payment of Rs 4.5 per share, determined on a face value of Rs 1 each for FY26. The record date for identifying eligible shareholders is set for November 18, 2025, with payments expected to commence on or after November 27, 2025.
Looking at Asian Paints' international operations, sales rose by 9.9% year-over-year to Rs 846 crore, driven by strong demand from regions such as South Asia, the Middle East, and Africa. The profit before tax from international ventures more than doubled, increasing from Rs 34.7 crore to Rs 76.4 crore.
The company’s industrial coatings sector also displayed notable performance. Asian Paints PPG (APPPG) reported a sales boost of 10.2% year-on-year, totaling Rs 292.6 crore. Similarly, PPG Asian Paints (PPGAP) experienced growth of 13.3% with sales of Rs 594.3 crore, supported by rising demand in the automotive and protective coatings markets. However, the Home Décor segment—including bath fittings, kitchens, and furnishings—faced challenges, showing underperformance amid strong growth in other segments.
Asian Paints’ strong financial results and commitment to returning value to shareholders through dividends underline its robust position in the market, even as certain segments face hurdles. The company's diverse portfolio and efficient management strategies appear to be setting it on a positive trajectory for future growth.