Akzo Nobel India Announces Q3 and 9M Financial Results for 2024-25
Bangalore: Akzo Nobel India Limited, a leading paints and coatings company, has reported its financial results for the quarter and nine months ended December 31, 2024.
Key Highlights:
Q3 FY25:
- Revenue from operations: ₹1,050.5 crore, up 2% from Q3 FY24
- EBIT from operations: ₹143.5 crore, down 2% from Q3 FY24
- Profit After Tax (PAT): ₹108.6 crore, down 5% from Q3 FY24
9M FY25:
- Revenue from operations: ₹3,069.1 crore, up 3% from 9M FY24
- EBIT from operations: ₹414.8 crore, up 1% from 9M FY24
- PAT: ₹321.1 crore, up 1% from 9M FY24
Rajiv Rajgopal, Chairman and Managing Director of Akzo Nobel India Limited, stated, “Despite subdued market conditions, we achieved volume and value growth in Q3 FY25. Our B2B business in paints and coatings continued to grow, driven by demand from infrastructure, power, mining, marine, and real estate sectors. We effectively managed costs to protect profitability and mitigate the impact of raw material inflation on margins.”
