Now Reading: Asian Paints board to meet Oct 29 for Q2 results, interim dividend
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Asian Paints board to meet Oct 29 for Q2 results, interim dividend
Asian Paints board to meet Oct 29 for Q2 results, interim dividend
Asian Paints will hold a board meeting on 29 October 2026 to consider its second-quarter results and an interim dividend for FY27, if any. The record date for the interim dividend, if declared, has been fixed as 4 November 2026.
For FY26, the company paid a total dividend of Rs 27.50 per share, comprising an interim dividend of Rs 4.50 and a final dividend of Rs 23. The dividend per share has risen from Rs 3.65 in FY22 to Rs 23 in FY26, though not every year saw an increase.
Asian Paints reported a 40% year-on-year rise in consolidated net profit to Rs 1,539 crore in Q1 of FY27, with net sales up 18% to Rs 10,521 crore. The stock traded at Rs 2,362.15 on 9 October 2026, after touching a 52-week high of Rs 2,985.50 in December 2025 and a low of Rs 2,116 in March 2026.
Indian Opinion Analysis
The 29 October board decision will settle whether shareholders receive an interim payout for FY27 and at what level. The record date of 4 November is already set, so investors will watch the meeting for the amount, which the company has not yet disclosed. Dividend history shows payouts have grown from Rs 19.15 per share in FY22 to Rs 33.30 in FY24 before dipping and recovering to Rs 27.50 in FY26, so the interim figure will signal whether the rising trend resumes. The stock's 12% three-month fall contrasts with Q1 profit growth, suggesting market concerns beyond earnings. Raw material price volatility, which the company says it will monitor, remains a factor that could influence both margins and payout decisions. The board's announcement on 29 October is the next concrete step.
Source: livemint.com
This brief was synthesised by AI from the source linked above. Methodology and corrections.
