Asian Paints Limited announced its financial results for the quarter ended June 30, 2026 (Q1 FY27) through a regulatory filing to BSE and NSE. The Board of Directors at their meeting held on July 29, 2026, approved the audited standalone and unaudited consolidated financial results.

Financial Results - Standalone (Audited)

Income Statement for Quarter Ended June 30, 2026:

  • Revenue from operations: ₹9,183.44 crore (vs ₹7,868.45 crore in Q1 FY26, +16.7% YoY)
  • Other income: ₹260.45 crore
  • Total income: ₹9,443.89 crore
  • Total expenses: ₹7,461.89 crore
  • Profit before tax: ₹1,982.00 crore (vs ₹1,469.52 crore in Q1 FY26, +34.9% YoY)
  • Total tax expense: ₹503.65 crore
  • Net profit: ₹1,478.35 crore (vs ₹1,100.52 crore in Q1 FY26, +34.3% YoY)
  • Other Comprehensive Income: ₹10.15 crore
  • Total Comprehensive Income: ₹1,488.50 crore

Key Metrics:

  • Basic EPS: ₹15.42* (not annualized)
  • Diluted EPS: ₹15.42* (not annualized)
  • Paid-up equity share capital: ₹95.92 crore (face value ₹1 per share)

Financial Results - Consolidated (Unaudited)

Income Statement for Quarter Ended June 30, 2026:

  • Revenue from operations: ₹10,541.94 crore
  • Other income: ₹240.85 crore
  • Total income: ₹10,782.79 crore
  • Total expenses: ₹8,725.20 crore
  • Profit before share of profit in associates, exceptional items and tax: ₹2,057.59 crore
  • Share of profit in associates: ₹38.16 crore
  • Profit before tax: ₹2,095.75 crore (vs ₹1,508.71 crore in Q1 FY26, +38.9% YoY)
  • Total tax expense: ₹536.30 crore
  • Net profit: ₹1,559.45 crore
  • Profit attributable to owners: ₹1,539.25 crore (vs ₹1,099.77 crore in Q1 FY26, +40.0% YoY)
  • Profit attributable to non-controlling interest: ₹20.20 crore
  • Total Comprehensive Income: ₹1,562.07 crore

Segment Performance Highlights

International Business:

  • Net Sales: ₹936.5 crore (vs ₹736.1 crore in Q1 FY26, +27.2%)
  • Profit before tax: ₹74.1 crore (vs ₹38.0 crore in Q1 FY26, +94.9%)
  • Constant currency growth: 20.3%

Home Décor Business:

  • Bath Fittings: Net Sales ₹84.9 crore (-4.3% YoY), Loss before tax ₹8.8 crore
  • Kitchen: Net Sales ₹108.0 crore (+10.1% YoY), Loss before tax ₹0.3 crore
  • White Teak: Net Sales ₹18.7 crore (-7.4% YoY)
  • Weatherseal: Net Sales ₹16.9 crore (+11.2% YoY)

Industrial Business:

  • APPPG: Net Sales ₹372.9 crore (+21.3% YoY), Profit before tax ₹25.8 crore
  • PPGAP: Net Sales ₹651.9 crore (+13.5% YoY), Profit before tax ₹102.7 crore

Key Business Highlights

  • Decorative Business (India) delivered volume growth of 9.0% and value growth of 16.6%
  • Industrial Coatings sustained mid-teen growth momentum
  • PBDIT margin expansion: Standalone +259 bps to 22.0%, Consolidated +240 bps to 20.6%
  • Final dividend of ₹23.00 per equity share for FY26 was approved by shareholders on July 9, 2026, and paid on July 13, 2026

Investor Conference

The company held an investor conference at 5:00 PM IST on July 29, 2026, where management commented on business and financial performance.