Asian Paints Ltd, India’s largest paint manufacturer, has reported a 45% year-on-year (YoY) decline in net profit for the fourth quarter of FY2024-25, amounting to ₹692.1 crore. The company attributes the drop to weak demand conditions and rising operational costs.
Financial Highlights
- Revenue from operations fell 4.3% YoY to ₹8,329.6 crore.
- EBITDA declined 15% YoY to ₹1,436.2 crore.
- Net profit margin dropped to 8.3%, compared to 14.4% in Q4 FY24.
- Earnings per share (EPS) fell 45% YoY to ₹7.22.
Dividend Declaration & Market Performance
Asian Paints’ board has recommended a final dividend of ₹20.55 per equity share, bringing the total dividend for FY25 to ₹24.80 per share, including an interim dividend of ₹4.25. Following the earnings announcement, shares of Asian Paints closed 1.29% lower at ₹2,302.50 on the BSE.
Strategic Outlook
Despite the decline in profitability, Asian Paints remains optimistic about gradual recovery in demand, particularly in the decorative coatings segment, which saw 1.8% volume growth. The company continues to focus on expanding its product portfolio and strengthening its supply chain to navigate market challenges.
