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Time of India
04-08-2025
- Business
- Time of India
Akzo Nobel India's net profit declines 20.59% in Q1 FY26
NEW DELHI: Akzo Nobel India has reported a decline of 20.59 per cent in its net consolidated profit during the quarter ended June 30, 2025. Its profit after tax stood at ₹91 crore in Q1 FY26 as against ₹114.60 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing. The company's net consolidated total income stood at ₹1,004.10 crore in Q1 FY26, a dip of 4.01 per cent from ₹1,046 crore it recorded in the similar quarter last year. Rajiv Rajgopal , chairman and managing director of the company said, "In Q1 of FY2025-26, our B2B business continued its growth trajectory, while retail was subdued due to tepid consumer demand and heightened competition. Despite margin pressure, we sustained double-digit profitability and maintained investments in growth initiatives." The board of directors declared a one-time special interim dividend of ₹156 per equity share for the FY26. During the quarter, the company completed the sale of its lease hold immovable property at Parsik Hill, Navi Mumbai , resulting in a gain of ₹51 million.
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Business Standard
04-08-2025
- Business
- Business Standard
Akzo Nobel Q1 results: Net profit falls 20.5% to ₹91 crore on weak demand
Paints and coatings maker Akzo Nobel India Ltd on Monday reported a 20.6 per cent decline in consolidated net profit to ₹91 crore in the June quarter, impacted by lower sales amid tepid consumer demand. It had posted a consolidated net profit of ₹114.6 crore in the corresponding period last fiscal, Akzo Nobel India said in a regulatory filing. Consolidated revenue from operations in the quarter under review stood at ₹995.1 crore as compared to ₹1,036.3 crore in the year-ago period, it added. Total expenses in the April-June quarter were marginally lower at ₹881.6 crore against ₹891.7 crore in the same period a year ago, the company said. The company, in which JSW Paints had agreed to buy a 74.76 per cent stake for ₹8,986 crore last month, followed by an open offer to buy another 25 per cent from the open market for up to ₹3,929.06 crore, said its board has approved a one-time special interim dividend of ₹156 per share. Akzo Nobel India Chairman and Managing Director Rajiv Rajgopal said, "In Q1 of FY2025-26, our B2B segment continued its growth trajectory, while retail was subdued due to tepid consumer demand and heightened competition. Despite margin pressure, we sustained double-digit profitability and maintained investments in growth initiatives." On the special interim dividend, he said, "Expressing gratitude to all our shareholders, the board is delighted to announce a one-time special interim dividend of ₹156 per share, inter alia, based on income on slump sale as previously approved by shareholders." Shares of the company were trading 2.06 per cent higher at ₹3,712 apiece on the BSE.
Time of India
04-08-2025
- Business
- Time of India
Akzo Nobel India Q1 net profit falls 20.5 pc to Rs 91 cr
New Delhi: Paints and coatings maker Akzo Nobel India Ltd on Monday reported a 20.6 per cent decline in consolidated net profit to Rs 91 crore in the June quarter, impacted by lower sales amid tepid consumer demand. It had posted a consolidated net profit of Rs 114.6 crore in the corresponding period last fiscal, Akzo Nobel India said in a regulatory filing. Consolidated revenue from operations in the quarter under review stood at Rs 995.1 crore as compared to Rs 1,036.3 crore in the year-ago period, it added. Total expenses in the April-June quarter were marginally lower at Rs 881.6 crore against Rs 891.7 crore in the same period a year ago, the company said. The company, in which JSW Paints had agreed to buy a 74.76 per cent stake for Rs 8,986 crore last month, followed by an open offer to buy another 25 per cent from the open market for up to Rs 3,929.06 crore, said its board has approved a one-time special interim dividend of Rs 156 per share. Akzo Nobel India Chairman and Managing Director Rajiv Rajgopal said, "In Q1 of FY2025-26, our B2B segment continued its growth trajectory, while retail was subdued due to tepid consumer demand and heightened competition. Despite margin pressure, we sustained double-digit profitability and maintained investments in growth initiatives." On the special interim dividend, he said, "Expressing gratitude to all our shareholders, the board is delighted to announce a one-time special interim dividend of Rs 156 per share, inter alia, based on income on slump sale as previously approved by shareholders." Shares of the company were trading 2.06 per cent higher at Rs 3,712 apiece on the BSE.
News18
04-08-2025
- Business
- News18
Akzo Nobel India Q1 net profit falls 20.5 pc to Rs 91 cr
Agency: PTI Last Updated: New Delhi, Aug 4 (PTI) Paints and coatings maker Akzo Nobel India Ltd on Monday reported a 20.6 per cent decline in consolidated net profit to Rs 91 crore in the June quarter, impacted by lower sales amid tepid consumer demand. It had posted a consolidated net profit of Rs 114.6 crore in the corresponding period last fiscal, Akzo Nobel India said in a regulatory filing. Consolidated revenue from operations in the quarter under review stood at Rs 995.1 crore as compared to Rs 1,036.3 crore in the year-ago period, it added. Total expenses in the April-June quarter were marginally lower at Rs 881.6 crore against Rs 891.7 crore in the same period a year ago, the company said. The company, in which JSW Paints had agreed to buy a 74.76 per cent stake for Rs 8,986 crore last month, followed by an open offer to buy another 25 per cent from the open market for up to Rs 3,929.06 crore, said its board has approved a one-time special interim dividend of Rs 156 per share. Akzo Nobel India Chairman and Managing Director Rajiv Rajgopal said, 'In Q1 of FY2025-26, our B2B segment continued its growth trajectory, while retail was subdued due to tepid consumer demand and heightened competition. Despite margin pressure, we sustained double-digit profitability and maintained investments in growth initiatives." On the special interim dividend, he said, 'Expressing gratitude to all our shareholders, the board is delighted to announce a one-time special interim dividend of Rs 156 per share, inter alia, based on income on slump sale as previously approved by shareholders." Shares of the company were trading 2.06 per cent higher at Rs 3,712 apiece on the BSE. PTI RKL SHW (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments First Published: August 04, 2025, 14:45 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
15-05-2025
- Business
- Time of India
Akzo Nobel India's profit marginally down at ₹108.4 crore in Q4 FY25
NEW DELHI: Paints and coatings maker Akzo Nobel India Ltd on Wednesday reported a marginal decline in consolidated net profit at Rs 108.4 crore in the fourth quarter ended March 31, 2025. The company had posted a consolidated net profit of Rs 108.7 crore in the same quarter previous fiscal year, Akzo Nobel India said in a regulatory filing. Consolidated revenue from operations in the March quarter stood at Rs 1,022.1 crore as against Rs 973.4 crore in the year-ago period, said the maker of Dulux Paints . Total expenses during the quarter were higher at Rs 887.3 crore as compared to Rs 836.7 crore in the corresponding period a year ago. "In Q4 2024-25, Akzo Nobel India registered ahead-of-industry topline growth, driven by double-digit growth in B2B businesses. In retail, the business continued to grow in premium category and urban centres, while demand in mass and economy categories was impacted by competitive dynamics," Akzo Nobel India Ltd Chairman and MD Rajiv Rajgopal said. "Despite such market environment, we sustained double-digit profitability and continued to grow market share," he added. For the fiscal ended March 31, 2025, the consolidated net profit was at Rs 429.5 crore as against Rs 426.6 crore in the previous year, the company said. In FY25, consolidated revenue from operations stood at Rs 4,091.2 crore as against Rs 3,961.6 crore in FY24. The company said its board has recommended a final dividend of Rs 30 per equity share for the 2024-25.
