Asian Paints reports mixed Q1 results amid domestic challenges

Asian Paints reported Q1 FY'26 consolidated net sales of ₹8,924.5 crores, down 0.2%, with consolidated profit declining 5.9%. Standalone net sales fell 1.2% to ₹7,848.8 crores.

The company's domestic decorative business posted 3.9% volume growth but revenue dropped 1.2% due to mix changes and weak demand. International business provided a bright spot with 8.4% sales growth to ₹736.1 crores, driven by Asian markets, UAE, and Egypt.

Asian Paints acquired the remaining 40% stake in Obgenix Software for ₹188 crores and infused ₹100 crores into Asian Paints (Polymers).