The consolidated net profit, attributable to the owners of the company, slipped to Rs 3,667.23 crore in fiscal year 2025 (FY25)
On account of increased competitive intensity and muted demand conditions, Asian Paints, a paint and décor major, has registered a sharp decline of 32.83 per cent in its net profit attributable to the owners of the company in its net profit in the fiscal year 2025 (Q4FY25) on a year-on-year (YoY) basis. The company’s consolidated net profit slipped to Rs 3,667.23 crore in FY25 from Rs 5,460.23 crore in FY24.
On a quarterly basis, the net profit declined to Rs 692.13 crore in Q4FY25 from Rs 1,256.72 crore in Q4FY24. The revenue from operations decreased to Rs 8,358.91 crore in Q4FY25 from Rs 8,730.76 crore in the corresponding period of the previous fiscal (Q4FY24), the company stated in an exchange filing.
The company’s Board of Directors have recommended payment of final dividend of Rs 20.55 per equity share of the face value of Rs 1 each for the financial year ended 31st March 2025, subject to the approval of the shareholders at the ensuing 79th Annual General Meeting of the company. The dividend, if approved by the shareholders, will be paid on or after Monday, 30th June 2025.
“‘The weak demand conditions prevalent for the past few quarters continued to affect the paint industry even in the last quarter of the financial year. 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,” said Amit Syngle, Managing Director and Chief Executive Officer (CEO), Asian Paints.
As the total income marked a decline, the total expenses also dipped to Rs 7,276.60 crore in the recently concluded quarter from Rs 7,319.10 crore in Q4FY24. On a full-year basis, the total income dipped to Rs 34,478.23 crore in FY25 from Rs 36,182.69 crore in FY24.
The company stated that its decorative business (India) registered volume growth of 1.8 per cent with revenue decline of 5.2 per cent in Q4FY25, driven by muted demand conditions and consumer sentiment coupled with downtrading and increased competitive intensity. Home décor categories saw a muted performance in Q4FY25 with pressure on household disposable incomes.
International business registered a value decline of 1.5 per cent with headwinds from challenging macro-economic conditions in Africa. Key markets in Middle East and Asia did well, as per the company’s exchange filing.
