By: ICN Bureau
Last updated : February 04, 2026 5:11 pm
The Board of Directors of Akzo Nobel India approved the proposal for change of name of the company from Akzo Nobel India Limited to JSW Dulux Limited
Dulux paints maker Akzo Nobel India reported a 31.58 per cent drop in its consolidated net profit to Rs 74.3 crore for the December quarter of FY26. The company had posted a net profit of Rs 108.6 crore in the corresponding October-December quarter a year ago.
Akzo Nobel India's revenue from operations was Rs 907.7 crore in the December quarter of FY26, down 13.6 per cent from Rs 1,050.5 crore in the corresponding quarter on a year-to-year basis. Its total expenses were at Rs 792.8 crore, down 13 per cent in the third quarter of FY'26.
The company's total income, which includes its other income, in the December quarter was at Rs 922.4 crore, down 12.7 per cent.
Akzo Nobel India Limited Joint Managing Director and CEO, Rajiv Rajgopal, commented: “In Q3 FY2025-26, we delivered overall volume growth of 5.9%. Excluding exports, we registered volume growth of 6.6% and revenue growth of 1.8% driven by premium portfolio in both paints and coatings. In decorative paints, domestic volumes grew 8% led by premium across geographies. Re-investing savings on decorative paints royalty into our business, we undertook focused initiatives including targeted pricing actions and strengthened engagement with painters and architects. Across our automotive & vehicle refinish, marine, protective and industrial coatings, we built new relations with marquee global brands and leading Indian corporates.
While growing, we maintained double-digit profitability. Profit After Tax (PAT) excluding exceptional items increased by 5.9% YoY, reflecting strong underlying operational performance.”
The Board of Directors of Akzo Nobel India approved the proposal for change of name of the Company from Akzo Nobel India Limited to “JSW Dulux Limited”, subject to approval of the shareholders of the Company and the Central Government/Ministry of Corporate Affairs.