Mumbai, July 28 -- The June-quarter earnings will serve as a key precursor to Asian Paints Ltd's efforts to retain its dominant share in India's $10.46 billion paint industry, and a test of its ability to preserve margins amid rising competition from new entrants such as Birla Opus and JSW Paints.

India's largest paint company is expected to report a revenue of Rs.35,550 crore for 2025-26, according to Elara Capital. The first-quarter revenue is expected to decline 2.6% year-on-year to Rs.8,735.2 crore.

Investors would want to see if this forecast holds or improves, as revenue performance will reflect the company's ability to hold its market position during the tough times. Profitability is likely to remain under pressure. It is expecte...