Akzo Nobel India Declares Highest Interim Dividend of ₹156 per Share Amidst 20% Profit Decline
Akzo Nobel India Limited, a leading paints and coatings company and maker of Dulux Paints, has announced its Q1 FY2025-26 financial results. The Board of Directors approved the results for the quarter ended June 30, 2025, with revenue from operations reaching ₹995.1 crore, a 4% decline compared to Q1 FY2024-25. The company’s EBIT from operations stood at ₹116.2 crore, down 21% year-over-year, while profit after tax (PAT) was ₹91 crore, also down 21%.
Despite subdued retail performance due to tepid consumer demand and heightened competition, Akzo Nobel India’s B2B business continued its growth trajectory. Chairman and Managing Director Rajiv Rajgopal noted, “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 company has declared a one-time special interim dividend of ₹156 per share, which will be paid within 30 days from the announcement, with a record date fixed for August 11, 2025. Rajgopal added, “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.”
Akzo Nobel India’s shares showed positive movement on the stock market, trading higher on Monday amid a rally in the market. The stock closed at ₹3,724, up 2.42%.
