Asian Paints Q2 Results Live Updates: Stock surges 6% after earnings beat, takes peers higher

Asian Paints Q2 Results: India's largest paints company, Asian Paints Ltd. is set to report its September quarter results later on Wednesday, November 12. The street is anticipating a weak quarter due to heavy and extended monsoons, a weak product mix, high competitive intensity, and increased cost of sales. A CNBC-TV18 poll is anticipating the company's revenue to increase by 1% from last year, while its Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) may grow by 7% from the same quarter last year. Watch this space for all the live updates.

Asian Paints Q2 Results: India's largest paints company, Asian Paints Ltd. is set to report its September quarter results later on Wednesday, November 12. The street is anticipating a weak quarter due to heavy and extended monsoons, a weak product mix, high competitive intensity, and increased cost of sales. A CNBC-TV18 poll is anticipating the company's revenue to increase by 1% from last year, while its Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) may grow by 7% from the same quarter last year. EBITDA margin for the quarter is likely to increase by 90 basis points from last year to 16.3%, while net profit may increase by 25.5% from last year to ₹870 crore as per the poll. For the current quarter, Asian Paints' domestic decorative volumes is likely to grow between 4% to 5% from last year. The company had earlier mentioned that demand situation has improved and that it is targeting high single digit volume growth in financial year 2026 and that they remain comfortable with the 18% to 20% margin guidance for the full year. Watch this space for all the live updates.