Below are the financial statements of Asian Paints, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of INR | 2025 | 2024 |
|---|---|---|
| Revenue from operations | — | — |
| Revenue from sale of products | 336.27a | 352.49a |
| Revenue from sale of services | 1.71a | 1.33a |
| Other operating revenue | 1.08a | 1.13a |
| Other income | 5.73a | 6.88a |
| Total income (I) | 344.78a | 361.83a |
| Cost of materials consumed | -157.94a | -158.68a |
| Purchases of stock-in-trade | -39.27a | -38.58a |
| Changes in inventories of finished goods, stock-in-trade and work-in-progress | -2.05a | -3.64a |
| Employee benefits expense | -25.97a | -23.26a |
| Other expenses | -57.86a | -54.93a |
| Total expenses (II) | -278.99a | -279.1a |
| Earning before interest, tax, depreciation and amortisation (EBITDA) (I-II) | 65.79a | 82.73a |
| Finance costs | -2.27a | -2.05a |
| Depreciation and amortisation expense | -10.26a | -8.53a |
| Profit before share of profit in associates and exceptional items | 53.25a | 72.15a |
| Share of profit in associates | 1.41a | 1.33a |
| Profit before exceptional items and tax | 54.66a | 73.48a |
| Exceptional items | 3.63a | 0a |
| Profit before tax | 51.03a | 73.48a |
| Tax expense | — | — |
| Current tax | -13.89a | -18.36a |
| Short tax provision for earlier years | -0.13a | -0.51a |
| Deferred tax | -0.18a | -0.05a |
| Total tax expense | -13.93a | -17.9a |
| Profit after tax | 37.1a | 55.58a |
| Profit for the year attributable to | — | — |
| Owners of the company | 36.67a | 54.6a |
| Non-controlling interest | 0.42a | 0.97a |
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