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Asian Paints

Asian Paints is an Indian multinational paint company which is headquartered in Mumbai, Maharashtra. The company is committed to provide basic and industrial chemicals, decorative paints, industrial finishing products and coatings. Its other products are related to home decor and bath fittings.

It is India's largest and Asia's third largest paint corporation. The company operates in 16 countries and services consumers in over 65 countries. Its foundation stone was laid in 1942. The firm is among the major players in the Indian paint industry.

 

It was set up as a partnership firm by four friends- Champaklal Choksey, Chimanlal Choksey, Suryakant Dani and Arvind Vakil. Having an innovative spirit and strong consumer-focus, the company has been the market leader in paints since 1967. It manufactures a wide range of paints for decorative and industrial use.

 

The company's vision is to be the fore runner of inspiring decor and to actively empower customers to create their dream homes.

 

The company is also active in its corporate social responsibility by being inclusive of its community through a range of social interventions, enhancing skills and building social infrastructure to improve their quality of life. Its CSR focus areas include Education, Skills Development, Healthcare/Hygiene and Water Management.

 

It also has its own colour academy called 'The Asian Paints Colour Academy' equipped with modern facilities, workshops for hands on trainings, inspiration area and contractor resource centre in order to continually to continually upskill existing painters into specialists.

Besides Asian Paints, the group also operates through its subsidiaries like Berger International, Apco Coatings, SCIB Paints, Taubmans, Causeway Paints and Kadisco, across the world.

It was the top ranked Indian company in the "Forbes Most Innovative company List" in 2017.

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Among Sensex constituents, Maruti Suzuki declined 2.55% to Rs 14497. Asian Paints slipped 1.72%, while Titan, IndiGo and Hindustan Unilever fell 1.54%, 1.24% and 1.15%, respectively.

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Asian Paints reported its Q3 FY26 financial results, posting a year-on-year decline in consolidated net profit of about 5% to around ₹1,060–₹1,074 crore, impacted by one-time exceptional charges including labour law costs and impairment losses, even as revenue from operations grew modestly by around 3.7–3.9%. Shares of the paint major also declined following the results, reflecting investor concerns over the profitability dip despite volume growth in key business segments. Catch Sakshi Batra in conversation with Amit Syngle, MD & CEO, Asian Paints decoding Q3 results and growth blue print

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According to the company's investor presentation, the Industrial Business clocked a growth uptick, with the AP-PPG joint venture revenue rising 16.5% and the PPG-AP automotive segment growing 16.9%.

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The quarter's net profit was impacted by exceptional items totalling Rs 157.61 crore. This included a one-time expense of Rs 63.74 crore following the new labour codes.

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Among Sensex constituents, Eternal advanced 6.21% to Rs 301. Asian Paints gained 1.31%, while Adani Ports, SBI and BEL rose 1.32%, 1.24% and 1.22%, respectively.

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At 9:17 am, the BSE Sensex was down 105.22 points, or 0.13%, to 83,522.47 after falling nearly 319 points in early trade.

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