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Asian Paints to Consider Interim Dividend on October 29
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CNBC TV18•06-10-2026, 19:57
Asian Paints to Consider Interim Dividend on October 29
- •Asian Paints announced a board meeting on October 29 to consider and potentially declare an interim dividend for FY27.
- •The company has set November 4 as the record date to determine shareholder eligibility for the dividend payout.
- •The board will also review the audited standalone and unaudited consolidated financial results for the quarter and half-year ended September 30, 2026.
- •The company anticipates an 8 to 10 percent volume growth and 18 to 20 percent margins through FY27, driven by rural demand and B2B momentum.
- •Asian Paints previously reported a 39.6 percent year-on-year jump in consolidated net profit to 1559 crore rupees for the first quarter of FY27.
Key Questions Answered
Asian Paints will hold a board meeting on October 29 to consider and declare an interim dividend for FY27, with November 4 set as the record date for eligible shareholders.
Asian Paints expects healthy demand throughout FY27, targeting an 8-10% volume growth and margins between 18-20% despite potential raw material price volatility.
Asian Paints reported a 39.6% year-on-year increase in consolidated net profit to ₹1,559 crore for Q1 FY27, while revenue rose 18% to reach ₹10,542 crore.
