Asian Paints net profit rises 7.5% to ₹1,068 crore, dividend announced; check record date

The company had delivered a bottomline of ₹993.59 crore in the second quarter of the previous fiscal year, it said.

Revenue from operations during the quarter rose 16.92% year-on-year to ₹9,953.89 crore from ₹8,513.7 crore in Q2 FY26.

Earnings before interest, taxes, depreciation, and amortisation (EBITDA) surged 3.27% to ₹1,534 crore in the reporting quarter up from ₹1,486 crore in the year-ago period. EBITDA margin stood at 15.42% compared to 17.45% in Q2 FY26.

Asian Paints announces interim dividend; check record date

The board of directors of the company announced an interim dividend of ₹5.75 per share of the face value of ₹1 each for the financial year ending March 31, 2027. The record date is November 4.

Asian Paints Q2 FY27: Segment highlights

• International business: Net sales increased by 29.5% to ₹1,095.6 crore.
• Bath fittings business: Net sales up 18.5% to ₹94 crore.
• Kitchen segment: Net sales rise 13% to ₹110.3 crore.
• White Teak and Weatherseal: Net Sales of White Teak in Q2 decreased 11.8% to ₹23.3 crore and for Weatherseal it declined 1.8% to ₹20.3 crore.
• APPPG: Net sales up 28% to ₹374.5 crore.
• PPGAP: Net sales advance 33.7% to ₹794.8 crore.

“We delivered a resilient performance in Q2, a seasonally softer quarter, sustaining the momentum of the last few quarters. Overall, the domestic coatings business grew by 16.4% with a volume growth of 6.8%. The decorative business delivered a value growth of 14.5% with a volume growth of 6.4%, and the industrial coatings business continued its impressive run with a value growth of 31.8%," said Amit Syngle, Managing Director & CEO of Asian Paints Limited.

"The operating environment this year has been marked by sharp raw material inflation and material availability constraints driven by geopolitical disruptions, the full impact of which was felt in Q2. We calibrated price increases and absorbed part of the cost inflation to protect consumer demand in this challenging environment, resulting in standalone EBITDA margins of 17.1% in a quarter that typically has a lower mix and margin profile," he added.

The stock settled 0.76% higher at ₹2,302 apiece on the NSE.