Profit before tax soared to Rs 1,972 crore in Q2 FY26 as against Rs 131.80 crore reported in Q2 FY25.
Total expenses fell 13.35% to Rs 744.8 crore in Q2 FY26 as compared with Rs 859.6 crore in Q2 FY25. Cost of material consumed stood at Rs 440.7 crore (down 23.36% YoY), employee benefit expense was at Rs 82.20 crore (down 16.01% YoY) during period under review.
On a half-year basis, the company's net profit climbed 734.72% to Rs 1773.8 crore, while revenue decreased 9.34% to Rs 1,830 crore in H1 FY26, compared with H1 FY25.
Rajiv Rajgopal, chairman and managing director of Akzo Nobel India, '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.'
Akzo Nobel India is a leading paints and coatings company and maker of Dulux Paints.
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Valued Customer,
BOB Capital Markets Limited (BOBCaps) is firmly committed to the safety of your wealth. We would like to bring to your notice certain precautions that you certainly must take against potential tele-fraudsters/ unscrupulous and unregistered portfolio managers:
ALWAYS AVOID
We would like to caution you against such fraudulent calls and SMSes and urge you to be alert. Follow the golden rule:
Do not share your Login Credentials or Passwords with anybody
BOBCaps employees / representatives never ask for your password.
Certain tele-fraudsters / unscrupulous and unregistered portfolio managers call customers or SMS them on the pretext of providing investment tips and lure them to invest through their bogus firms by promising huge profits.
Such deceitful callers ask the customer to share his/her login credentials with passwords to allow trading in their accounts, assuring huge returns.
Often trades done in the customer’s accounts are far from the best interest of the customers. Holdings of customers are often sold and with the funds, trades are then placed in illiquid securities at unrealistic prices.
At times, the holdings of customers are sold at prices detrimental to the customer. The so-called “portfolio manager” assures profits, which naturally does not materialize. Customers are deceived into providing access to their trading accounts, thereby allowing such fraudsters access to funds and securities available to execute trades, injurious to the customer’s interest.
In our continuous effort to keep you safeguard from the market related frauds and increase awareness while conducting trades, we request you to go through the Press Release issued by the NSE and would request you to ensure that you do not engage with the individuals and entities mentioned below: