Bengaluru, Nov 08th, 2025: The Board of Directors of Akzo Nobel India Limited, a leading paints and coatings company and maker of Dulux Paints, approved the financial results for the quarter, and half year ended 30 September 2025.
Highlights:
Results excluding divested business (Powder Coatings and IRC)*:
Q2 FY2025-26:
- Revenue from operations at ₹834.9 crore, down 1.5% from ₹847.7 crore
- EBIT from operations at ₹92.3 crore, down 2.4% from ₹94.5 crore
- PAT including exceptional items at ₹1,682.7 crore, up 2119.8% from ₹75.8 crore
H1 FY2025-26:
• Revenue from operations at ₹1,830.0 crore, down 2.9% from ₹1,884.0 crore
• EBIT from operations at ₹208.5 crore, down 13.7% from ₹241.6 crore
• PAT including exceptional items at ₹1,773.7 crore, up 831.4% from ₹190.4 crore
I. Last year Restated Results (Q2 and H1 FY2024-25) are provisional, unaudited and based on Management estimates.
II. Exceptional items of ₹1,874.2 crore (pre-tax proceeds from sale of Powder Coatings, IRC, and related costs) in Q2 and H1 FY2025-26.
Reported results including divested business:
Q2 FY2025-26:
• Revenue from operations at ₹834.9 crore, down 15.0% from ₹982.3 crore
• EBIT from operations at ₹92.3 crore, down 25.7% from ₹124.2 crore
• PAT including exceptional items at ₹1682.7 crore, up 1618.4% from ₹97.9 crore
H1 FY2025-26:
• Revenue from operations at ₹1,830.0 crore, down 9.3% from ₹2,018.6 crore
• EBIT from operations at ₹208.5 crore, down 23.1% from ₹271.3 crore
• PAT including exceptional items at ₹1,773.7 crore, up 734.5% from ₹212.5 crore
Akzo Nobel India Limited Chairman and Managing Director, Rajiv Rajgopal, commented: “In Q2 FY2025-26, volume growth partially countered the impact of weather disruptions and competitive pressure on our topline. B2B vertical growth was led by industrial coatings and demand across mining, power and automotive sectors. Although retail remained under pressure, premium product portfolio witnessed a renewed uptick in demand. Margins were constricted by vertical mix dynamics; however, disciplined operational cost control safeguarded our profitability.
Navigating a challenging operating environment in H1 FY2025-26, the Company sustained its double-digit profitability while investing in brand, innovations and growth initiatives.”
Recent highlights:
· AkzoNobel India celebrated half a decade of Dulux Assurance with ‘Lage Shaandaar, Chale Shaandaar’ campaign. The TVC underscores that when it comes to Dulux paints, Indian paint customers enjoy best of both the worlds – unmatched quality offerings, and superior peace-of-mind backed by the Dulux Assurance warranty.
· In decorative paints, two flagship mass-market brand renovations were launched:
– Retail: In mass market, Dulux Promise range of interior and exterior emulsions was upgraded with Colour Lock technology and superior wipe-ability (for interiors). The range now delivers longer-lasting colour performance, low maintenance with enhanced 4-year warranty.
– In projects, Dulux Weathershield Projects was re-introduced at a more competitive price point in the entry level exterior emulsion segment.
· Interdur, the mid-tier range of anti-corrosive protective coatings, was expanded with the launch of Interdur 1133, a surface tolerant epoxy primer, and Interdur 1135, a MIO (Micaceous Iron-oxide) intermediate coating. These coatings are designed for application in a wide variety of environments including infrastructure, oil and gas and general industries.