Asian Paints Q1 Profit Surges 39.6%, Revenue Up 18%

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Jul 29, 2026 17:14

Asian Paints reports strong Q1 FY27 results with net profit up 39.6% to Rs 1,559.45 cr and revenue rising 18% to Rs 10,542 cr, driven by volume growth.

Asian Paints Q1 Profit Surges 39.6%, Revenue Up 18%

Photograph: Courtesy, Asian Paints

New Delhi, Jul 29 (PTI) Asian Paints on Wednesday reported a 39.6 per cent year-on-year rise in consolidated net profit to Rs 1,559.45 crore in the June quarter of FY27, helped by volume growth and calibrated price increase.

The company had posted a net profit of Rs 1,117 crore during the April-June period a year ago, according to a regulatory filing.

Its revenue from operations was up 18 per cent at Rs 10,541.94 crore in the first quarter of FY27, compared to Rs 8,938.55 crore in the corresponding period of the preceding financial year.

Total expenses increased 14 per cent YoY to Rs 8,725.20 crore in the June quarter. The company's total income stood at Rs 10,782.79 crore, up 18.08 per cent YoY, in the first quarter of FY27.

Its standalone net sales, primarily from domestic sales, increased by 16.7 per cent to Rs 7,601.5 crore in the quarter under review, compared to Rs 7,868.45 crore in the year-ago period.

Asian Paints' Decorative Business in India delivered "volume and value growth of 9 per cent and 16.6 per cent, respectively," the company said in its earnings statement.

Its Industrial Coatings segment sustained "mid-teen growth momentum", complementing the performance of the Decorative segment and driving broad-based growth across the coatings portfolio, it added.

Similarly, in its International Business, net sales grew by 27.2 per cent, it added.

This was led by units in Egypt, the UAE, Oman, Nepal and Bangladesh, the company's earnings statement mentioned.

Commenting on the Q1 results, the company's Managing Director & CEO Amit Syngle said, "We delivered strong profitability, supported by measured price increases, better mix, formulation and sourcing efficiencies, and disciplined cost management. With volatility in raw material prices, we will stay agile and continue to focus on tech innovation and customer centricity to maintain our saliency in the market."

Shares of Asian Paints closed 0.82 per cent higher at Rs 2,759.15 apiece on the BSE on Friday.

Source: PTI By Rediff Money Desk, New Delhi

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