Asian Paints on Thursday (May 8, 2025) reported a forty five% decline in consolidated net profit to ₹700.83 crore for the March quarter due to muted demand and elevated aggressive depth out there.
The firm had logged a net profit of ₹1,275.30 crore within the January-March interval final yr, in accordance to a regulatory submitting by Asian Paints.
Its income from operations slipped 4.25% to ₹8,358.91 crore within the March 2025 quarter. It was ₹8,730.76 crore within the year-ago interval.
During the quarter, “muted demand conditions and consumer sentiment coupled with downtrading, and increased competitive intensity impacted revenue”, Asian Paints mentioned in its earnings assertion.
Asian Paints’ complete bills fell marginally year-on-year to ₹7,276.60 crore within the March quarter.
Its complete earnings, together with income from different sources, declined 5.14% to ₹8,458.76 crore within the March 2025 quarter.
Its Managing Director and CEO, Amit Syngle, mentioned the weak demand situations prevalent for the previous few quarters continued to have an effect on the paint trade even within the final quarter of the monetary yr.
“The demand for decorative coatings was only marginally better than in the third quarter. The domestic decorative business registered a volume growth of 1.8%, but standalone revenues declined by 5%. The adverse mix and overall lower revenues impacted the quarter’s operating margins on a year-on-year basis,” he added.
However, the commercial enterprise fared comparatively higher, rising by 6.1%, aided by progress within the General Industrial and Automotive coatings phase.
Asian Paints’ general revenues from the coatings enterprise in India declined by 4.1% within the quarter.
“Our home decor business faced multiple headwinds, resulting in a muted performance for the quarter,” he mentioned.
In worldwide markets, Asian Paints’ gross sales decreased in Q4 FY25 by 1.5% to ₹799.7 crore from ₹812.3 crore on the again of foreign money devaluation in Ethiopia, Egypt and macro-economic challenges in Bangladesh.
“While the overall macroeconomic environment remains uncertain, we are cautiously optimistic about a recovery in demand conditions and continue to work diligently on leveraging our brand strength and driving operational efficiencies to pursue growth,” mentioned Syngle.
For the monetary yr ended March 31, 2025, Asian Paints’ net profit dipped 33.25% to ₹3,709.71 crore. It was ₹5,557.69 crore a yr in the past.
In FY25, its complete consolidated earnings of Asian Paints fell 4.7% to ₹34,478.23 crore.
Asian Paints, together with its subsidiaries, has operations in 14 international locations with 26 paint manufacturing services. It serves in over 60 international locations via Asian Paints, Apco Coatings, Asian Paints Berger, Asian Paints Causeway, SCIB Paints, Taubmans and Kadisco Asian Paints.
The board of the corporate on Thursday additionally really helpful the cost of a ultimate dividend of ₹20.55 per fairness share of the face worth of Re 1 every for FY25.
Shares of Asian Paints on Thursday settled at ₹2,302.50 on BSE, down 1.29% from the earlier shut.
Published – May 08, 2025 11:19 pm IST
