Asian Paints Q1 FY27 Results: Net Profit Jumps 40% as Revenue Crosses ₹10,500 Crores

By Kaushik Brahmakshatriya

Published On 29 July 2026.

Asian Paints Q1 results

India’s largest paint maker, Asian Paints, has posted a strong start to FY27. The Asian Paints Q1 results for the quarter ended June 30, 2026, show consolidated net profit surging nearly 40% year-on-year, alongside healthy double-digit revenue growth. The numbers reflect improved volume growth in the core decorative paints business, better pricing, and steady momentum in industrial coatings. Investors and analysts have welcomed the performance, especially after a relatively muted FY26 start. Here’s a detailed look at the numbers, segment-wise performance, and what management had to say about the road ahead.

Asian Paints Q1 FY27 Financial Highlights

Asian Paints announced its financial results on July 29, 2026, for the quarter ended June 30, 2026. Consolidated net profit rose to approximately ₹1,539 crore, up nearly 40% from ₹1,100 crore in the same quarter last year. Revenue from operations climbed 18% year-on-year to ₹10,542 crore, compared to ₹8,939 crore in Q1 FY26. Operating profit (EBITDA) jumped 33% to around ₹2,169 crore, with the EBITDA margin expanding sharply to 20.6%, up from 18.2% a year earlier. On a standalone basis, net sales rose 17% to ₹9,157 crore, while standalone net profit grew 34% to ₹1,478 crore.

Segment-Wise Business Highlights

The Asian Paints Q1 results show broad-based growth across business lines. The core Indian decorative paints business recorded 9% volume growth, translating into 16.6% value growth, aided by calibrated price hikes taken in June 2026. Industrial coatings maintained their mid-teen growth trend, expanding over 16% in value terms. The international business was a standout performer, with net sales up 27.2% to ₹936.5 crore, driven by strong demand from Egypt, UAE, Oman, Nepal, and Bangladesh. However, the home improvement segments showed mixed trends, with bath fittings sales declining slightly while the kitchen business grew modestly, though both segments continued to report losses at the pre-tax level

Management Commentary and Business Outlook

Commenting on the results, Managing Director & CEO Amit Syngle said the company started FY27 on a strong note, building on the momentum of the previous quarter, with performance driven by calibrated pricing actions and robust volume growth in the decorative segment. He added that despite an uncertain external environment, the results reflect the company’s innovation-led strategy and deeper consumer connect. The Asian Paints Q1 results also come amid rising competitive pressure from newer entrants like Grasim in the paints category. Since the price hikes were implemented only in mid-June, their full impact is expected to reflect more clearly in the Q2 FY27 numbers, which analysts believe could sustain the current growth momentum.

FAQs

Q1. What is Asian Paints’ net profit for Q1 FY27?

Asian Paints reported a consolidated net profit of around ₹1,539 crore for Q1 FY27, up 40% year-on-year.

Q2. How much did Asian Paints’ revenue grow in Q1 FY27?

Revenue from operations grew 18% year-on-year to ₹10,542 crore in Q1 FY27.

Q3. What drove Asian Paints’ Q1 FY27 growth?

Strong volume growth in decorative paints, price hikes, industrial coatings growth, and international business expansion drove the performance.

Q4. What was Asian Paints’ EBITDA margin in Q1 FY27?

The EBITDA margin expanded to 20.6%, up from 18.2% in the same quarter last year.

Conclusion

The Asian Paints Q1 results for FY27 mark a strong turnaround, with sharp growth in profit, revenue, and margins across segments. Decorative paints and international operations led the charge, while management remains optimistic about sustaining momentum into Q2 FY27. With price hikes only partially reflected this quarter, investors will be watching closely to see if Asian Paints can maintain this growth trajectory amid rising competition from newer industry entrants.

Disclaimer

This article is for informational purposes only and should not be considered investment advice. Please consult a SEBI-registered financial advisor before making any investment decisions.We are not responsible for any loss.