Asian Paints Q1 profit jumps nearly 40% as margins expand

Asian Paints reported Q1 net profit of ₹1,559 crore, up nearly 40% year-on-year, on revenue growth of 18% to ₹10,542 crore. Decorative paints volume rose 9%, while EBITDA margin expanded to 20.6% from 18.2%.

— Filed Thu, 30 Jul, 2026, 15:01 IST · Source Business Today · Latest · Updated

Asian Paints reported strong Q1 earnings, with profit up nearly 40% and revenue up 18%. Margin expansion, 9% decorative-paints volume growth, mid-teen industrial-coatings growth and over 27% international sales growth pointed to resilient demand and improved profitability.

Why this matters

The earnings follow signals of B2B and international gains and Asian Paints' FY27 high-single-digit volume-growth target, while competitive pressure from Birla Opus has weighed on investor sentiment.

Retail-company signals are accelerating, up 312725% quarter-on-quarter.