Asian Paints Q3 Profit Dips 4.8% to Rs 1,073.9 Crore Amid Exceptional Costs

• Asian Paints reported a 4.83% decline in consolidated net profit, reaching Rs 1,073.92 crore in Q3 FY26.
• The profit dip is attributed to exceptional items, including a new labor code implementation and impairment loss in a subsidiary.
• Revenue from operations saw a 3.71% increase, rising to Rs 8,867.02 crore in the December quarter.
• Exceptional expenses totaled Rs 157.61 crore, comprising gratuity liability and impairment loss on 'Intangibles' from White Teak acquisition.
• International business net sales grew by 6.3% to Rs 869.6 crore, driven by strong performance in Sri Lanka, UAE, and Ethiopia.

Why It Matters: Asian Paints' Q3 profit declined due to one-off expenses, despite revenue growth and strong international sales.