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Festive test for new p

Mint Mumbai

|

October 02, 2025

The December quarter is typically the brightest for Indian paint companies as consumers rush to refresh homes before Diwali. However, the canvas isn’t smooth this year.

- Manvi Agarwal

Demand for paints has been soft, though September showed some pick up, said an analyst. With Diwali coming in early during the October-December quarter (Q3FY26), the window is shorter in terms of the number of days available for painting. Investors in paint companies can only hope the momentum sustains after Diwali, when broader demand trends will become clearer.

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