Asian Paints' Q2 profit rises 7.5% to ₹1,068 crore on 17% higher sales; ₹5.75 dividend

What happened

• Asian Paints reported consolidated net profit of ₹1,067.63 crore for the September 2026 quarter against ₹993.59 crore a year earlier, up 7.45%, on revenue from operations of ₹9,953.89 crore against ₹8,513.70 crore, up 16.92%, Upstox reported. Whalesbook gave profit as ₹1,067.6 crore, up 7.5%, and net sales as ₹9,953.9 crore, up 16.9%.
• Upstox put EBITDA at ₹1,534 crore against ₹1,486 crore, up 3.27%, with the margin at 15.42% against 17.45%; Whalesbook gave the PBDIT margin as 15.6%, down 202 basis points, and cited sharp raw-material inflation and geopolitical supply disruption. Upstox gave domestic coatings volume growth as 6.8%, with decorative volumes up 6.4%, and international net sales up 29.5% to ₹1,095.6 crore.
• The board declared an interim dividend of ₹5.75 a share with a record date of 4 November, both outlets said. Whalesbook added that a vinyl acetate ethylene plant at Dahej, with capacity of 150,000 tonnes a year, was commissioned on 17 September.
• Whalesbook's report is timed at 2:05 PM, during the session, and Upstox's at 3:52 PM. The shares closed at ₹2,302 against ₹2,284.60 on Wednesday on Kite data, a rise of 0.76% by my calculation.

Why it matters

Good to know: EBITDA and PBDIT both measure operating earnings before interest, depreciation and tax, but companies and outlets define them slightly differently, so margins quoted by two outlets can differ.

Key facts

Consolidated net profit

₹1,067.63 crore (₹993.59 crore a year earlier), up 7.45%

Revenue from operations

₹9,953.89 crore (₹8,513.70 crore), up 16.92%

EBITDA, per Upstox

₹1,534 crore (₹1,486 crore); margin 15.42% (17.45%)

Interim dividend

₹5.75 a share; record date 4 November

Domestic decorative volume growth

6.4%

Read the source

• Asian Paints net profit rises 7.5% to ₹1,068 crore, dividend announced; check record dateUpstox
• Asian Paints Q2 Net Profit Rises 7.5% to Rs 1,067.6 CrWhalesbook