Akzo Nobel India has announced a 20.59 percent decrease in its net consolidated profit for the quarter ending June 30, 2025. The profit after tax was reported at ₹91 crore in Q1 FY26, compared to ₹114.60 crore recorded in the same quarter of the previous fiscal year, as stated in a filing to the BSE.
The company’s net consolidated total income for Q1 FY26 was ₹1,004.10 crore, reflecting a decline of 4.01 percent from ₹1,046 crore reported in the corresponding quarter of the previous year. Rajiv Rajgopal, the chairman and managing director of the company, remarked, “In Q1 of FY2025-26, our B2B segment continued to grow, while retail performance was lackluster due to weak consumer demand and increased competition. Despite facing margin pressures, we achieved double-digit profitability and continued to invest in growth initiatives.”
The board of directors has declared a one-time special interim dividend of ₹156 per equity share for FY26. In the quarter, the company successfully completed the sale of its leasehold immovable property located at Parsik Hill, Navi Mumbai, resulting in a gain of ₹51 million.
