Asian Paints Q1 profit drops 6% to Rs 1,117 crore

Business Business : Asian Paints on Tuesday reported a 5.87 per cent decline in consolidated net profit to Rs 1,117.05 crore in the June quarter of FY26, due to weak demand for the company’s mainstay decorative paints.

According to a regulatory filing by Asian Paints, the company had reported a net profit of Rs 1,186.79 crore in the April-June period a year ago. Its revenue from sales declined marginally to Rs 8,924.49 crore in the June quarter from Rs 8,943.24 crore in the same period a year ago.

Asian Paints’ total expenses stood at Rs 7,658.95 crore in the June quarter, up 1.32 per cent year-on-year. However, its total income, which includes revenue from other sources, remained stable at Rs 9,131.34 crore in the June quarter.