Akzo Nobel India reported consolidated revenue of ₹9.08 billion for the December quarter, down from ₹10.5 billion a year earlier. Net profit dropped 31% to ₹743 million, reflecting margin pressures and softer demand. Despite challenges, the paints and coatings maker continues to focus on premium offerings and operational efficiency.
Akzo Nobel India Limited, a leading paints and coatings manufacturer and maker of Dulux Paints, announced its December quarter (Q3 FY26) results, showing a sharp decline in profitability and revenue.
Notable Updates
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Revenue from operations: ₹9.08 billion, down 13.3% year-on-year.
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Net profit: ₹743 million, compared to ₹1.08 billion last year, marking a 31% decline.
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Margin pressures: Profitability fell faster than revenue, indicating compressed margins and challenging operating conditions.
Major Takeaways
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The decline highlights sluggish demand in the paints and coatings sector.
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Akzo Nobel India continues to emphasize premium product portfolios to drive growth.
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The company is navigating competitive pressures and rising input costs.
Important Points
Despite the downturn, management remains focused on volume growth and value creation.
Industry analysts suggest that recovery will depend on housing demand trends and commodity price stability.
Sources: Business Standard, ScanX News, BSE Filings