Blog

Asian Paints Ltd announced its financial results for the quarter and nine months ended Dec. 31, 2025.

“We had a third consecutive quarter of good volume growth, with our India decorative business delivering a robust 7.9% volume growth in the quarter,” says Amit Syngle, managing director and CEO of Asian Paints Limited.

“The overall coatings business registered a 4.4% revenue growth for the quarter with decorative business revenue growth of 2.8%,” Syngle notes. “This performance for the quarter reflects the sustained momentum delivered through persistent actions across our identified growth initiatives even as the broader market faced persistent competitive intensity and subdued demand conditions.

“Our industrial coatings segment registered good double-digit growth, boosting our overall coatings performance,” adds Syngle. “In the same league, our international business achieved a 6.3% revenue increase led by steady performance in key markets of UAE, Sri Lanka and Ethiopia. As the external environment remains dynamic, we continue to drive differentiated strategies, harness our structural strengths, and embrace technology to sustain momentum, respond with agility, creating long‑term value for all stakeholders.”

For Q3 FY’26, Asian Paints’ consolidated sales increased by 3.9% to ₹8,850 crores ($1.06 billion). Profit before depreciation, interest, tax and other income (PBDIT) for the group (before share of profit in associates) increased by 8.8% to ₹1,781 crores ($194.2 million).

For the first nine months of FY’26, Asian Paints’ consolidated net sales increased by 3.2% to ₹26,287.9 crores ($3.15 billion). PBDIT for the Group (before share of profit in associates) increased by 7.4% to ₹4,909.3 crores ($589 million).