Akzo Nobel India Limited — Updates, 07-02-2025: Press Release

The Board of Directors of Akzo Nobel India Limited has approved its financial results for the third quarter and nine months ended December 31, 2024. For Q3 FY25, revenue from operations stood at ₹1,050.5 crore, an increase of 2% year-over-year, while EBIT decreased by 2% to ₹143.5 crore. Net profit dropped 5% to ₹108.6 crore. For the first nine months, revenue rose 3% to ₹3,069.1 crore, with EBIT up by 1% to ₹414.8 crore, and a marginal 1% increase in net profit to ₹321.1 crore.

Key growth drivers include strong demand from the infrastructure and real estate sectors, alongside effective cost management to mitigate raw material inflation. Recent product innovations such as the Dulux Promise Freedom and Dulux Aquatech DampProtect reflect the company’s strategic focus. The Resicoat electrical insulation range has received certification for its flame-retardant properties, positioning it for growth in the electric vehicle market. The company continues to show a positive outlook with sustained profitability and market share gains despite challenging conditions.