Asian Paints block deal: 3.64% equity worth ₹7,703 crore changes hands; shares rally over 2%

According to the NSE data and CNBC TV18 report, as many as 3.50 crore shares (which represent 3.64% equity), worth ₹7,703 crore, changed hands at ₹2,201 per share in the block deal window before the opening bell.

Asian Paints shares have remained muted for a long time. Data show that the stock has risen nearly 35% in the past five years (as of Wednesday's close). In the past 12 months, the stock has slipped 24%. Further, so far in 2025 (YTD), the stock price of the paint major has fallen over 4%. In the past six months, the stock has shed over 7.6% of its value, and in the past one month, it has slipped over 6%.

In the past five sessions, the stock has fallen nearly 2%. (as of Wednesday's close).

Asian Paints Q4 FY25 Results

Asian Paints reported a 45% decline in consolidated net profit to ₹700.83 crore for the March quarter (Q4 FY25) due to muted demand and increased competitive intensity in the market.

The company had logged a net profit of ₹1,275.30 crore in the January-March period last year, according to a regulatory filing by Asian Paints.

Its revenue from operations slipped 4.25% to ₹8,358.91 crore in the March 2025 quarter. It was ₹8,730.76 crore in the year-ago period.

During the quarter, "muted demand conditions and consumer sentiment coupled with downtrading and increased competitive intensity impacted revenue", Asian Paints said in its earnings statement.

Asian Paints' total expenses fell marginally year-on-year to ₹7,276.60 crore in the March quarter.

Its total income, including revenue from other sources, declined 5.14% to ₹8,458.76 crore in the March 2025 quarter.

Its Managing Director and CEO, Amit Syngle, said the weak demand conditions prevalent for the past few quarters continued to affect the paint industry even in the last quarter of the financial year.