Asian Paints Limited — Others, 03-06-2025: Shareholders meeting

Asian Paints has announced a board meeting to consider the financial results for the quarter and half-year. Consolidated revenue declined 4.5% to ₹33,905.62 crore in FY 2024-25 due to weak demand and competition. EBITDA fell 20.5% to ₹6,578.82 crore, and profit after tax dropped 33.3% to ₹3,709.71 crore. The industrial coatings and international units showed resilience, while the home décor segment expanded with 72 Beautiful Homes stores. Capacity at the Mysuru plant increased to 6 lakh KL, the largest single-site water-based paint facility globally. Impairment losses of ₹363.10 crore were recorded. Board changes include appointing Ashish Choksi as Non-Executive Director. Capex of ₹1,048 crore was approved, focusing on capacity and sustainability. A final dividend of ₹20.55 per share is proposed. Employee expenses rose to ₹2,597 crore, supporting 17,277 staff and training over 950,000 through the Beautiful Homes Academy.