Asian Paints Sees Modest Growth Amid Market Challenges

Image courtesy of Asian Paints.
Asian Paints reported its Q1 FY’26 financial results for the quarter ended June 30, 2025, noting volume growth in its domestic decorative business and continued international momentum despite subdued demand in some categories.
The India decorative paints segment posted 3.9% volume growth with a 1.2% revenue decline, impacted by macroeconomic uncertainty and early monsoons. Revenues from the industrial coatings segment rose 8.8%, led by auto and protective coatings. Margins were down slightly year over year due to increased sales and marketing investment.
International sales grew 8.4%, with strong performance in Asia, the UAE and Egypt. The home décor segment declined overall, though the company’s retail chain of Beautiful Homes Stores showed positive results.
“We continue to drive innovation and strengthen our brand saliency as we navigate the current demand challenges,” said Amit Syngle, managing director and CEO of Asian Paints.
Find the full results here.
This update highlights developments in architectural coatings and industrial coatings.
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