Asian Paints Q4: The institution said its nett income decreased by 4.3 per cent to Rs 8,329.6 crore successful Q4 FY25 from Rs 8,701.5 crore successful nan year-ago period.
Asian Paints' Board recommended a last dividend of Rs 20.55 per equity stock for nan financial twelvemonth ended March 31, 2025.
Asian Paints Ltd, nan country's largest overgarment manufacturing company, connected Thursday reported a 44.9 per cent year-on-year (YoY) driblet successful its consolidated nett profit for nan January-March 2025 quarter. During nan 4th nether review, profit came astatine Rs 692.1 crore from Rs 1,256.7 crore successful nan corresponding play past year.
The institution said its nett income decreased by 4.3 per cent to Rs 8,329.6 crore successful Q4 FY25 from Rs 8,701.5 crore successful nan year-ago period.
The institution said India's ornamental business registered a measurement maturation of 1.8 per cent pinch gross diminution of 5.2 per cent successful Q4 FY25. Industrial business grew by 6.1 per cent successful Q4 FY25 connected nan backmost of bully maturation successful wide business and automotive segments.
"Home décor categories saw a muted capacity successful Q4 FY25 pinch unit connected family disposable incomes," it added. International business registered a worth diminution of 1.5 per cent pinch headwinds from challenging macro-economic conditions successful Africa.
Asian Paints' Board recommended a last dividend of Rs 20.55 per equity stock for nan financial twelvemonth ended March 31, 2025. "The full dividend for nan financial twelvemonth ended March 31, 2025, aggregates to Rs 24.80 per equity stock of nan look worth of Re 1 each including nan interim dividend of Rs 4.25 per equity stock arsenic approved by nan Board of Directors astatine their gathering held connected November 9, 2024, which was paid thereafter," nan institution stated.
"The anemic request conditions prevalent for nan past fewer quarters continued to impact nan overgarment manufacture moreover successful nan past 4th of nan financial year. The request for ornamental coatings was only marginally amended than successful nan 3rd quarter," said Amit Syngle, Managing Director & CEO of Asian Paints.
The adverse operation and wide little revenues impacted nan quarter's operating margins connected a yearly basis, Syngle added.
Shares of Asian Paints were trading 1.47 per cent little astatine Rs 2,298.25. At this price, nan overgarment maker's banal slipped 17.01 per cent successful nan past six months.
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Published on: May 8, 2025 3:00 PM IST