Akzo Nobel India Limited (NSE: AKZOINDIA) announced its Q3 and nine-month financial results for FY2025-26. Comparable results exclude divested Powder Coatings and IRC businesses. The company reported volume growth despite revenue declines.<\/p>\n\n\n\n
Revenue from operations fell 1.0% to \u20b9907.7 crore from \u20b9916.6 crore. EBITDA from operations dipped 2.0% to \u20b9135.7 crore from \u20b9138.4 crore. PAT excluding exceptional items rose 5.9% to \u20b994.6 crore from \u20b989.3 crore.<\/p>\n\n\n\n
Volumes grew 5.9% overall, and 6.6% excluding exports. Domestic decorative paints volumes increased 8%, driven by premium products. Revenue grew 1.8% excluding exports due to premium portfolio focus.<\/p>\n\n\n\n
Joint MD and CEO Rajiv Rajgopal noted reinvestment of royalty savings into pricing and painter engagement. Automotive, marine, and industrial coatings secured new global and Indian clients.<\/p>\n\n\n\n
Nine-month revenue declined 2.2% to \u20b92,737.7 crore from \u20b92,800.7 crore. EBITDA from operations dropped 9.7% to \u20b9380.7 crore from \u20b9421.7 crore. PAT excluding exceptional items fell 7.6% to \u20b9258.5 crore from \u20b9279.7 crore.<\/p>\n\n\n\n
Exceptional items totaled \u20b927.9 crore in both periods, covering labor codes, bonuses, and impairment receipts. Last year’s figures are provisional management estimates.<\/p>\n\n\n\n
Q3 reported revenue decreased 13.6% to \u20b9907.7 crore from \u20b91,050.5 crore. EBITDA fell 18.7% to \u20b9135.7 crore from \u20b9167.0 crore. PAT excluding exceptional items declined 12.9% to \u20b994.6 crore from \u20b9108.6 crore.<\/p>\n\n\n\n
Nine-month reported revenue dropped 10.8% to \u20b92,737.7 crore from \u20b93,069.1 crore. EBITDA decreased 21.1% to \u20b9380.7 crore from \u20b9482.3 crore. PAT excluding exceptional items fell 19.5% to \u20b9258.5 crore from \u20b9321.1 crore.<\/p>\n\n\n\n
Nine-month exceptional items included \u20b91,846.3 crore from divested business sales and costs.<\/p>\n\n\n\n
JSW Paints Limited acquired 61.2% stake on December 10, 2025, becoming promoter. Parth Jindal joined as Non-Executive Chairman; Rajiv Rajgopal redesignated Joint MD and CEO. Shantanu Maharaj Khosla appointed Independent Director.<\/p>\n\n\n\n
The board proposed renaming to “JSW Dulux Limited,” pending approvals. Decorative paints launched Dulux Weathershield Metallics (80+ shades, 10-year warranty), Floor Plus (800+ colors, 2-year warranty), and three Textures finishes. Focus shifts to innovation, technology, and digital post-JSW integration.<\/p>\n\n\n\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Akzo Nobel India Limited (NSE: AKZOINDIA) announced its Q3 and nine-month financial results for FY2025-26. Comparable results exclude divested Powder Coatings and IRC businesses. The company reported volume growth despite revenue declines. Q3 FY2025-26 Comparable Performance Revenue from operations fell 1.0% to \u20b9907.7 crore from \u20b9916.6 crore. EBITDA from operations dipped 2.0% to \u20b9135.7 crore […]<\/p>\n","protected":false},"author":2388,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1941,392],"tags":[9953,10226],"class_list":["post-179393","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock-analysis","category-earnings","tag-coatings","tag-paints"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":179322,"url":"https:\/\/alphastreet.com\/india\/akzo-nobel-q3-fy26-earnings-results\/","url_meta":{"origin":179393,"position":0},"title":"Akzo Nobel Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"February 3, 2026","format":false,"excerpt":"Executive Summary Akzo Nobel India Ltd reported Q3FY26 revenues of \u20b9908 crore, down 13.52% YoY, with consolidated net profit declining 32.11% to \u20b974 crore despite 5.9% volume growth. Powder Coatings divestment and pricing pressures impacted topline, though core Paints business showed resilience ahead of JSW Paints integration. 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