Asian Paints Q2 Results: Net profit rises 7 pc YoY to Rs 1,068 crore; firm announces Rs 5.75/share dividend
Asian Paints Q2 Results: The paint maker reported a 7% year-on-year rise in Q2 FY27 consolidated net profit to Rs 1,068 crore, while revenue grew 17% to Rs 9,977 crore. The company announced an interim dividend of Rs 5.75 per share, with November 4 set as the record date, even as shares fell 2%.
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Asian Paints on Thursday reported a consolidated net profit of Rs 1,068 crore for the second quarter of the ongoing financial year 2027, marking more than 7% year-on-year jump from Rs 994 crore in the same period last year, along with an interim dividend of Rs 5.75 per share for its shareholders.
The paint-maker’s revenue from operations increased around 17% YoY to Rs 9,977 crore during the July-September quarter of FY27, from Rs 8,513 crore reported in the corresponding quarter of FY26. The shares of the company traded 2% lower at Rs 2,255 apiece after the release of the results.
Asian Paints’ consolidated total expenses rose a little over 19% YoY to Rs 8,789 crore during the quarter under review, driven by a 35% surge in cost of materials consumed. Its PBDIT (Profit before depreciation, interest, tax and other income) increased nearly 4% to Rs 1,557 crore from Rs 1,503 crore a year-ago.
75 per share of Re 1 face value for FY27, with November 4 (Wednesday) set as the record date to determine eligible shareholders.
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