Asian Paints This fall internet revenue falls 45% to ₹700.8 crore

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Asian Paints on Thursday (Could 8, 2025) reported a forty five% decline in consolidated internet revenue to ₹700.83 crore for the March quarter as a consequence of muted demand and elevated aggressive depth out there.

The corporate had logged a internet revenue of ₹1,275.30 crore within the January-March interval final yr, in response to a regulatory submitting by Asian Paints.

Its income from operations slipped 4.25% to ₹8,358.91 crore within the March 2025 quarter. It was ₹8,730.76 crore within the year-ago interval.

Through the quarter, “muted demand circumstances and client sentiment coupled with downtrading, and elevated aggressive depth impacted income”, Asian Paints mentioned in its earnings assertion.

Asian Paints’ whole bills fell marginally year-on-year to ₹7,276.60 crore within the March quarter.

Its whole earnings, together with income from different sources, declined 5.14% to ₹8,458.76 crore within the March 2025 quarter.

Its Managing Director and CEO, Amit Syngle, mentioned the weak demand circumstances prevalent for the previous few quarters continued to have an effect on the paint trade even within the final quarter of the monetary yr.

“The demand for ornamental coatings was solely marginally higher than within the third quarter. The home ornamental enterprise registered a quantity progress of 1.8%, however standalone revenues declined by 5%. The adversarial combine and general decrease revenues impacted the quarter’s working margins on a year-on-year foundation,” he added.

Nonetheless, the economic enterprise fared comparatively higher, rising by 6.1%, aided by progress within the Common Industrial and Automotive coatings section.

Asian Paints’ general revenues from the coatings enterprise in India declined by 4.1% within the quarter.

“Our residence decor enterprise confronted a number of headwinds, leading to a muted efficiency for the quarter,” he mentioned.

In worldwide markets, Asian Paints’ gross sales decreased in This fall FY25 by 1.5% to ₹799.7 crore from ₹812.3 crore on the again of forex devaluation in Ethiopia, Egypt and macro-economic challenges in Bangladesh.

“Whereas the general macroeconomic surroundings stays unsure, we’re cautiously optimistic a couple of restoration in demand circumstances and proceed to work diligently on leveraging our model energy and driving operational efficiencies to pursue progress,” mentioned Syngle.

For the monetary yr ended March 31, 2025, Asian Paints’ internet revenue dipped 33.25% to ₹3,709.71 crore. It was ₹5,557.69 crore a yr in the past.

In FY25, its whole consolidated earnings of Asian Paints fell 4.7% to ₹34,478.23 crore.

Asian Paints, together with its subsidiaries, has operations in 14 international locations with 26 paint manufacturing amenities. It serves in over 60 international locations by Asian Paints, Apco Coatings, Asian Paints Berger, Asian Paints Causeway, SCIB Paints, Taubmans and Kadisco Asian Paints.

The board of the corporate on Thursday additionally advisable the fee of a remaining dividend of ₹20.55 per fairness share of the face worth of Re 1 every for FY25.

Shares of Asian Paints on Thursday settled at ₹2,302.50 on BSE, down 1.29% from the earlier shut.