Asian Paints on Thursday, October 29, posted a 7.45 per cent year-on-year rise in consolidated profit after tax to Rs 1,067.63 crore for the September quarter (Q2 FY27), according to its exchange filing. The company had reported a profit of Rs 993.59 crore in the same quarter last year. Revenue from operations rose 16.92 per cent to Rs 9,953.89 crore, from Rs 8,513.7 crore in Q2 FY26.

Source: Upstox

Operating performance was squeezed by raw-material costs: EBITDA rose 3.27 per cent to Rs 1,534 crore, but the EBITDA margin narrowed to 15.42 per cent from 17.45 per cent a year earlier, Upstox reported from the filing. EquityBulls, reporting the same filing, put consolidated net sales at Rs 9,953.9 crore and profit after tax after minority interest at Rs 1,067.6 crore, up 7.5 per cent.

Source: EquityBulls

"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 and CEO of Asian Paints. He said sharp raw-material inflation and material availability constraints driven by geopolitical disruptions were felt fully in Q2, and the company absorbed part of the cost inflation to protect consumer demand.

Source: Upstox

Rs 1,068 croreQ2 FY27 net profit
+16.9%Revenue growth year-on-year
Rs 9,954 croreQ2 FY27 revenue
Rs 5.75Interim dividend per share

Among segments, international business net sales rose 29.5 per cent to Rs 1,095.6 crore. The APPPG business grew 28 per cent to Rs 374.5 crore and PPGAP advanced 33.7 per cent to Rs 794.8 crore, while bath fittings sales rose 18.5 per cent to Rs 94 crore and the kitchen segment rose 13 per cent to Rs 110.3 crore, the company said.

Source: Upstox

The board announced an interim dividend of Rs 5.75 per share of face value Re 1 for the financial year ending March 31, 2027, with the record date on November 4. The stock settled 0.76 per cent higher at Rs 2,302 on the NSE on Thursday.

Source: Upstox