The firm’s income fell 13.6% to ₹907.7 crore from ₹1,050 crore, whereas EBITDA dropped 17.8% to ₹136.5 crore from ₹166 crore. Its EBITDA margin declined to fifteen% from 15.8% within the year-ago quarter.
Akzo Nobel India Ltd Joint Managing Director and CEO, Rajiv Rajgopal, stated, “In Q3 FY2025-26, we delivered total quantity progress of 5.9%. Excluding exports, we registered quantity progress of 6.6% and income progress of 1.8%, pushed by the premium portfolio in each paints and coatings.”
He added that in ornamental paints, home volumes grew 8%, led by premium throughout geographies. He stated, “Re-investing financial savings on ornamental paints royalty into our enterprise, we undertook centered initiatives together with focused pricing actions and strengthened engagement with painters and designers.”
He said, “Throughout our automotive & automobile refinish, marine, protecting and industrial coatings, we constructed new relations with marquee world manufacturers and main Indian corporates.”
Additionally Learn: PB Fintech Q3: Internet revenue jumps 165% to ₹189 crore on robust insurance coverage premium progress
The corporate additionally knowledgeable that JSW Paints accomplished its acquisition of 61.2% stake in Akzo Nobel India Restricted on December 10 2025, changing into the brand new promoter and holding firm.
CEO Rajgopal stated, “Publish the completion of acquisition by JSW, the main focus now’s to combine into the brand new methods of working, and collectively, be #BetterEveryday. We are going to now enhance funding in innovation, know-how and digital instruments as we speed up our progress journey.”
Additionally Learn: Shares To Watch For February 3: Bajaj Housing Finance, Ather Power, RailTel, Tata Chemical compounds and extra
Akzo Nobel India Ltd shares closed at ₹2,844.80 on the NSE on February 2, up ₹120.10 or 4.41% for the day.
Source link
#Akzo #Nobel #India #internet #revenue #drops #volumes #premium #gross sales #present #progress #CNBC #TV18
