Akzo Nobel India Reports Q1 FY26 Financial Performance; Announces Special Dividend

Akzo Nobel
Image Courtesy: Akzo Nobel

 Akzo Nobel India Limited, the company behind Dulux Paints and a major player in the paints and coatings sector, released its financial results for the first quarter of the financial year 2025–26, ending June 30, 2025. The company’s Board of Directors reviewed and approved the results earlier today.

For the quarter, Akzo Nobel India posted revenues of ₹995.1 crore, reflecting a 4% decline compared to the same period last year. Operating profit (EBIT) stood at ₹116.2 crore, down by 21%, while profit after tax (PAT) also decreased by 21% to ₹91 crore. Despite the dip in earnings, the Board declared a one-time special interim dividend of ₹156 per share, arising from proceeds of a slump sale transaction approved earlier by shareholders.

Chairman and Managing Director Rajiv Rajgopal noted that while the B2B segment maintained momentum, retail demand was weaker due to subdued consumer sentiment and rising competitive pressures. He emphasized the company’s continued commitment to investing in long-term growth, even in the face of margin headwinds.

Key developments during the quarter included the launch of Dulux Maestro, a business platform for design professionals, now active in 16 cities with expansion planned to 40 locations by year-end. The company also introduced three new decorative paint products: Dulux Velvet Touch Eterna Matte in the luxury interior category; Dulux Weathershield Protect Dustproof Hi-Sheen for premium exterior finishes; and Scratch Finish, a textured coating for exterior walls. In the protective coatings space, Akzo Nobel India added Interdur 1134, a zinc phosphate primer, and Interdur 1132, a PU topcoat, expanding its mid-range anti-corrosive lineup.

The company received recognition for its corporate responsibility efforts, earning a “Commendation for Significant Achievement” at the 19th CII ITC Sustainability Awards. Additionally, its packaging coating Accelshield™ 700 BPX-Ni won the 2025 Responsible Packaging Award from FIPSA and the National Institute of Design, under the Ministry of Commerce & Industry.

Akzo Nobel has operated in India for over seven decades and became part of the global AkzoNobel Group in 2008. The company employs approximately 1,500 people across five manufacturing sites, two R&D centers, and an extensive distribution network nationwide. Its operations are guided by strong environmental, safety, and sustainability standards, aligning with global best practices.

Founded in 1792, AkzoNobel is an international leader in paints and coatings, with a presence in more than 150 countries. Its brands—such as Dulux, Sikkens, Interpon, and International—are widely recognized for their innovation and commitment to sustainable solutions. The company is dedicated to improving and protecting surfaces while shaping a more sustainable future.