Asian Paints Q3 Net Profit Falls 4.8%, Revenue Up By 3.7%
Companies FMCG

Asian Paints Q3 Net Profit Falls 4.8%, Revenue Up By 3.7%

Revenue from operations in Q3FY26 rose 3.7 per cent to Rs 8,867.02 crore while profit stood at Rs 1,074 crore

Asian Paints reported a 4.8 per cent year-on-year drop in consolidated net profit for the quarter ended 31 December 2025, at Rs 1,074 crore, compared with Rs 1,128.43 crore in the corresponding period last year. During the quarter, the company booked a one-time exceptional loss of Rs 158 crore, which weighed on overall profitability. It also recorded a one-off expense of Rs 63.74 crore on account of higher gratuity liabilities in the December quarter.

Revenue from operations in Q3FY26 rose 3.7 per cent to Rs 8,867.02 crore, up from Rs 8,549.44 crore a year earlier. Earnings before interest, tax, depreciation and amortisation (Ebitda) grew 8.8 per cent year-on-year to Rs 1,781 crore. Ebitda margins improved by 100 basis points to 20.1 per cent.

 “This performance for the quarter reflects the sustained momentum delivered through persistent actions across our identified growth initiatives even as the broader market faced persistent competitive intensity and subdued demand conditions,’ Said  Amit Syngle, Managing Director and CEO, Asian Paints

Net sales from the international segment increased 6.3 per cent in Q3FY26 to Rs 869.6 crore, compared with Rs 818.0 crore in the year-ago quarter, supported by growth in Sri Lanka, the UAE and Ethiopia. On a constant currency basis, net sales were up 4.2 per cent. Profit before exceptional items and tax for the segment stood at Rs 76.6 crore, against Rs 60.8 crore in the same period last year.

Within the Bath Fittings segment, Q3FY26 net sales declined 4.1 per cent to Rs 84.0 crore from Rs 87.6 crore a year earlier. However, the segment reported a profit before exceptional items and tax of Rs 0.2 crore, compared with a loss of Rs 7.4 crore in the corresponding quarter of the previous year.

The Kitchen business recorded a 2.6 per cent rise in net sales to rs 105.4 crore in Q3FY26, up from Rs 102.8 crore. Its loss before exceptional items and tax narrowed to Rs 4.0 crore from Rs 5.4 crore a year ago.

Separately, the company recognised an impairment charge of Rs 93.87 crore on intangible assets linked to its acquisition of Obgenix Software Private (White Teak).

Asian Paints shares fell more than 5 per cent following the announcement of the quarterly results. On the BSE, the stock touched an intraday low of Rs 2,545.80 and a high of Rs 2,732.10 during the trading session.

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