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Asian Paints Ltd Recommends Final Dividend of Rs 23 Per Share for FY2026

2 min read
29 May 2026 at 2:12 pm
2 min read

Asian Paints Limited's board of directors at a meeting held on May 29, 2026, recommended a final dividend of Rs 23 per equity share for the financial year ended March 31, 2026. The dividend is subject to shareholder approval at the 80th annual general meeting scheduled for July 9, 2026.

The board also approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The total dividend for FY2026 aggregates to Rs 27.50 per equity share, including the interim dividend of Rs 4.50 per share paid earlier.

Asian Paints Limited has fixed June 23, 2026, as the record date for determining shareholder entitlement to the final dividend. The dividend, if approved by shareholders, will be paid on or after July 13, 2026.

For the quarter ended March 31, 2026, Asian Paints Limited reported standalone revenue from operations of Rs 7,920.24 crore, compared with Rs 7,192.41 crore in the corresponding period of the previous year. Total income for the quarter was Rs 8,115.55 crore. Profit before exceptional items and tax stood at Rs 1,558.75 crore.

For the full financial year, standalone revenue from operations rose to Rs 30,769.48 crore from Rs 29,552.65 crore in FY2025. Total income for the year was Rs 31,702.14 crore. Profit before exceptional items and tax stood at Rs 5,900.13 crore.

Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.

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