Asian Paints' Q1FY27 revenue up 17%

Company posts 34% rise in Q1FY27 standalone net profit

by e4m Staff
Published: Jul 29, 2026 3:33 PM | 2 min read

Asian Paints reported a standalone net profit of Rs 1,478.35 crore for Q1FY27, marking a 34.3% year-on-year increase from Rs 1,100.52 crore in the same quarter last year.
Consolidated net profit rose by 39.9% year-on-year to Rs 1,539 crore, with standalone revenue from operations increasing 16.7% to Rs 9,183.44 crore.
Total expenses for the quarter increased 12.3% year-on-year to Rs 7,461.89 crore, while total comprehensive income rose 38.8% to Rs 1,488.50 crore.
Managing Director & CEO Amit Syngle attributed the strong performance to volume and value growth in the decorative paints business, innovation-led strategies, and effective cost management amidst a volatile operating environment.

Asian Paints reported a 34.3% year-on-year (YoY) increase in standalone net profit to Rs 1,478.35 crore for the quarter ended June 30, 2026, compared with Rs 1,100.52 crore in the corresponding quarter last year. On a consolidated basis, Asian Paints reported a 39.9% YoY increase in net profit to Rs 1,539 crore for Q1FY27, compared with Rs 1,100 crore in the corresponding quarter last year.

Standalone revenue from operations rose 16.7% YoY to Rs 9,183.44 crore from Rs 7,868.45 crore a year ago. Total income increased 16.3% YoY to Rs 9,443.89 crore, compared with Rs 8,116.52 crore in Q1FY26.

Profit before tax (PBT) grew 34.9% YoY to Rs 1,982 crore, up from Rs 1,469.52 crore in the year-ago period.

Total expenses increased 12.3% YoY to Rs 7,461.89 crore from Rs 6,647 crore in the corresponding quarter last year.

Current tax expense rose to Rs 478.18 crore from Rs 363.82 crore a year earlier, while total tax expense increased to Rs 503.65 crore from Rs 369 crore.

Total comprehensive income for the quarter stood at Rs 1,488.50 crore, up 38.8% YoY from Rs 1,072.69 crore in the corresponding quarter last year.

Commenting on the performance, Amit Syngle, Managing Director & CEO of Asian Paints, said the company began FY27 on a strong note, building on the momentum of the previous quarter with healthy growth across its businesses. He said the decorative paints business registered 9% volume growth and 16.6% value growth, while industrial coatings continued its mid-teen growth trajectory. Syngle added that the company's innovation-led strategy, stronger consumer engagement and enhanced service offerings helped drive performance despite an uncertain operating environment. He also highlighted healthy growth and margin expansion in the international business, particularly in the Middle East, and said the Home Décor business continued to strengthen consumer relationships through the Beautiful Homes network.

“We delivered strong profitability, supported by measured price increases, better mix, formulation and sourcing efficiencies and disciplined cost management. With volatility in raw material prices, we will stay agile and continue to focus on tech innovation and customer centricity to maintain our saliency in the market,” Syngle said.