Asian Paints Q4 net profit falls 45% to ₹700.8 crore
The Hindu
Asian Paints reports 45% decline in net profit for March quarter due to muted demand and competition.
Asian Paints on Thursday (May 8, 2025) reported a 45% decline in consolidated net profit to ₹700.83 crore for the March quarter due to muted demand and increased competitive intensity in the market.
The company had logged a net profit of ₹1,275.30 crore in the January-March period last year, according to a regulatory filing by Asian Paints.
Its revenue from operations slipped 4.25% to ₹8,358.91 crore in the March 2025 quarter. It was ₹8,730.76 crore in the year-ago period.
During the quarter, "muted demand conditions and consumer sentiment coupled with downtrading, and increased competitive intensity impacted revenue", Asian Paints said in its earnings statement.
Asian Paints' total expenses fell marginally year-on-year to ₹7,276.60 crore in the March quarter.
Its total income, including revenue from other sources, declined 5.14% to ₹8,458.76 crore in the March 2025 quarter.
Its Managing Director and CEO, Amit Syngle, said the weak demand conditions prevalent for the past few quarters continued to affect the paint industry even in the last quarter of the financial year.
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