{"id":134997,"date":"2022-10-20T09:44:42","date_gmt":"2022-10-20T13:44:42","guid":{"rendered":"https:\/\/44.250.171.167\/?p=134997"},"modified":"2022-10-20T09:44:43","modified_gmt":"2022-10-20T13:44:43","slug":"asian-paints-reported-its-q2fy23-results-revenue-soars-by-19","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/asian-paints-reported-its-q2fy23-results-revenue-soars-by-19\/","title":{"rendered":"Asian Paints reported its Q2FY23 results: Revenue soars by 19%"},"content":{"rendered":"\n<p class=\"has-text-align-justify\">On Thursday, Asian Paints reported a consolidated net profit after minority interest of \u20b9782 crore, lower-than-expected during the second quarter of the current fiscal, up about 31% as compared to \u20b9596 crore in the year ago quarter. Meanwhile, its revenue from operations rose over 19% to \u20b98,458 crore from \u20b97,096 crore year-on-year (YoY).<\/p>\n\n\n\n<p class=\"has-text-align-justify\">The company reported that the domestic Decorative business showed resilience to deliver a double-digit volume growth and healthy value growth despite subdued demand conditions, impacted by the extended monsoon.<\/p>\n\n\n\n<p class=\"has-text-align-justify\">The board of the company has further approved the payment of interim dividend of \u20b94.40 per equity share of the face value of Re 1 each for the financial year ending 31st March, 2023. Record date for the purpose of determining the entitlement of the shareholders for interim dividend has been fixed as Tuesday, 1st November, 2022, and dividend will be paid to the shareholders on or after Thursday, 10th November, 2022.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-style-default\"><img loading=\"lazy\" decoding=\"async\" width=\"791\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/578b5312-b7e2-4c21-8653-8b0bb8dcc530-791x1024.png\" alt=\"\" class=\"wp-image-134998\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/578b5312-b7e2-4c21-8653-8b0bb8dcc530-791x1024.png 791w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/578b5312-b7e2-4c21-8653-8b0bb8dcc530-232x300.png 232w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/578b5312-b7e2-4c21-8653-8b0bb8dcc530-768x994.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/578b5312-b7e2-4c21-8653-8b0bb8dcc530-1186x1536.png 1186w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/578b5312-b7e2-4c21-8653-8b0bb8dcc530-1582x2048.png 1582w\" sizes=\"auto, (max-width: 791px) 100vw, 791px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-justify\">Shares of Asian Paints were trading about 2% lower at \u20b93,152 apiece on the BSE in afternoon deals. Asian Paints is India\u2019s leading paint and decor company. The stock is down about 8% in 2022 (YTD) so far.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Thursday, Asian Paints reported a consolidated net profit after minority interest of \u20b9782 crore, lower-than-expected during the second quarter of the current fiscal, up about 31% as compared to \u20b9596 crore in the year ago quarter. Meanwhile, its revenue from operations rose over 19% to \u20b98,458 crore from \u20b97,096 crore year-on-year (YoY). The company [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":49407,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,6351,5753],"tags":[10495,10494,10226],"class_list":["post-134997","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-consumer-stocks","category-industrials","tag-bath-fittings","tag-home-decoration","tag-paints"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":131706,"url":"https:\/\/alphastreet.com\/india\/infographic-asian-paints-net-profit-surges-more-than-70-depicting-volume-growth-to-be-highest-in-last-6-quarters\/","url_meta":{"origin":134997,"position":0},"title":"Infographic: Asian Paints Net Profit surges more than 70%, depicting volume growth to be highest in last 6 quarters","author":"Chirag Gupta","date":"July 26, 2022","format":false,"excerpt":"Asian Paints on Tuesday reported consolidated net profit at \u20b91,036 crore, up over 80% as compared to \u20b9574 crore in the same quarter last year. Its revenue surged more than 54% to \u20b98,607 crore as against \u20b95,585 crore year-on-year (YoY). The company said that its volume growth registered during the\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"trending stocks high volatility","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":168287,"url":"https:\/\/alphastreet.com\/india\/asian-paints-ltd-q4fy25-45-fall-in-profits\/","url_meta":{"origin":134997,"position":1},"title":"Asian Paints Ltd Q4FY25; 45% fall in Profits","author":"Divyansh_Kasana","date":"May 8, 2025","format":false,"excerpt":"Company Overview: Asian Paints is India\u2019s leading paint and decor company and ranked among the top 8 coatings companies in the world with a consolidated turnover of \u20b9 33,797 crores (\u20b9 338 billion) with a market capital of approx. \u20b9 2,245.15 billion. Asian Paints along with its subsidiaries have operations\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/05\/127c5f7f-1082-4f8b-b413-1c6f68310235.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/05\/127c5f7f-1082-4f8b-b413-1c6f68310235.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/05\/127c5f7f-1082-4f8b-b413-1c6f68310235.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/05\/127c5f7f-1082-4f8b-b413-1c6f68310235.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/05\/127c5f7f-1082-4f8b-b413-1c6f68310235.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/05\/127c5f7f-1082-4f8b-b413-1c6f68310235.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":178011,"url":"https:\/\/alphastreet.com\/india\/asian-paints-q3-fy26-earnings-results\/","url_meta":{"origin":134997,"position":2},"title":"Asian Paints Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"January 28, 2026","format":false,"excerpt":"Executive Summary Asian Paints Ltd reported Q3FY26 revenues of \u20b98,867 crore, up 3.72% YoY, but consolidated net profit declined 4.79% to \u20b91,074 crore. Total expenses rose 3.07% YoY to \u20b97,447 crore, pressuring margins amid modest top-line growth. Revenue & Growth Revenues increased to \u20b98,867.00 crore in Q3FY26 from \u20b98,549.00 crore\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/A-3.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/A-3.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/A-3.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/A-3.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/A-3.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/A-3.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":172380,"url":"https:\/\/alphastreet.com\/india\/asian-paints-q2-fy26-earnings-results\/","url_meta":{"origin":134997,"position":3},"title":"Asian Paints Q2 FY26 Earnings Results","author":"Divyansh_Kasana","date":"November 13, 2025","format":false,"excerpt":"Asian Paints Ltd, the largest home decor company in India with a portfolio spanning wall paints, wall coverings, waterproofing, and home improvement products, reported robust financial results for Q2FY26. Financial Highlights: Revenues increased 6.27% year-on-year to \u20b98,531 crore from \u20b98,028 crore. Total expenses rose 4.0% to \u20b97,377 crore from \u20b97,093\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Q2 FY26","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/A-2.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/A-2.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/A-2.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/A-2.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/A-2.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/A-2.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":149784,"url":"https:\/\/alphastreet.com\/india\/asian-paints-ltd-q1fy24-earnings-stay-tuned-for-the-live-earnings-call-and-real-time-transcript\/","url_meta":{"origin":134997,"position":4},"title":"Asian Paints Ltd. Q1FY24 Earnings: Stay Tuned for The Live Earnings Call and Real-Time Transcript.","author":"Divyansh_Kasana","date":"July 25, 2023","format":false,"excerpt":"Asian Paints is a leading Indian paint company, established over 80 years ago. Known for its quality paints, it has expanded its presence to various countries. The brand offers a wide range of paint solutions and has become a trusted name in the home decor industry. The Earnings webcast for\u2026","rel":"","context":"In &quot;LATEST&quot;","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146281,"url":"https:\/\/alphastreet.com\/india\/sirca-paints-india-ltd-q4fy23-results-out-revenue-grows-by-26\/","url_meta":{"origin":134997,"position":5},"title":"Sirca Paints India Ltd Q4FY23 results out, revenue grows by 26%","author":"Chirag Gupta","date":"May 16, 2023","format":false,"excerpt":"Sirca Paints India Ltd is engaged in the business of manufacturing, selling and export of wood coatings and other decorative paints under the brand \u2018Sirca\u2019.\u00a0The company is Among the top 3 premium category wood coatings brand in India and Market leader in premium wood coatings in North India. Sirca Paints\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/134997","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=134997"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/134997\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/49407"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=134997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=134997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=134997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}