Asian Paints Limited — Important, 26-06-2025: Updates

Asian Paints has announced a board meeting on the financial results for the quarter and half-year. The decorative paints market remained flat due to weak urban consumption and aggressive competition, leading to a 5.7% value decline despite 2.5% volume growth. The company expanded its Projects and Institutional businesses, benefiting from government investments. Industrial coatings posted good revenue growth. Internationally, revenue was flat in INR terms, with a 9% rise in constant currency; the company exited Indonesia due to structural challenges. Standalone revenue dipped 5.4% to Rs. 29,553 Cr, with profit after tax down 32.6% at Rs. 3,585 Cr. Final dividend proposed at Rs. 20.55/share. Management is focused on innovation, brand strengthening, backward integration, and ESG goals for sustainable growth amid intense competition.