Asian Paints Reports Lower-Than-Expected Q4 Earnings, Declares Dividend

Asian Paints has announced its financial results for the fourth quarter, reporting consolidated net sales of 83.3 billion rupees. The company’s net profit for the quarter stood at 6.92 billion rupees, falling short of market expectations, which had estimated earnings at 10.84 billion rupees. Despite the lower-than-expected profit, the board has recommended a dividend of 20.55 rupees per share.

 

The company’s revenue performance reflects a challenging demand environment, particularly in urban markets, where competition has intensified. Analysts attribute the weaker earnings to rising input costs and higher promotional expenses, which have impacted margins. Asian Paints has been focusing on expanding its decorative paints segment, but pricing pressures have weighed on profitability.

 

Despite the subdued earnings, Asian Paints remains optimistic about long-term growth, with plans to strengthen its distribution network and invest in product innovation. The company continues to explore opportunities in the premium paints segment, aiming to enhance its market share.

 

Earnings Summary:

Sources: Economic Times, Business Standard, Moneycontrol, Financial Express, CNBC-TV18.