Asian Paints reported a 43% year-on-year rise in consolidated net profit to ₹994 crore for the quarter ended September 30, 2025, aided by strong decorative paints demand and a low base effect. Revenue for the quarter grew 6.3% to ₹8,531 crore, while EBITDA rose 21.3% to ₹1,503 crore, lifting margins by 220 basis points to 17.6%.

The performance marks a sharp recovery from the same quarter last year, when profit had nearly halved amid subdued demand and input cost pressures.

Asian Paints Q2 Results FY26 (Consolidated, YoY)

Revenue up 6.3% at ₹8,531 crore

EBITDA up 21.3% at ₹1,503 crore

EBITDA margin up 220 bps at 17.6%

Net profit up 43% at ₹994 crore.

One basis point is one-hundredth of a percentage point.

Asian Paints’ quarterly results were aided by strong domestic volume growth in decorative paints and a low base—the paint-maker’s profit halved to ₹695 crore in Q2 FY25.