Akzo Nobel India's Q1 FY 2025-26 Quarterly Results

Result Summary

• Akzo Nobel India Ltd reported a 2.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 4.0%.
• Its expenses for the quarter were up by 5.4% QoQ and down 1.1% YoY.
• The net profit decreased 16.3% QoQ and decreased 20.6% YoY.
• The earnings per share (EPS) of Akzo Nobel India Ltd stood at 20 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Akzo Nobel India Ltd is a leading company in the chemical industry, primarily known for its production of paints and coatings. It operates in various segments, including decorative paints, performance coatings, and specialty chemicals, catering to both consumer and industrial markets. Akzo Nobel India is part of the global AkzoNobel group, which has a strong presence in many countries and is renowned for its innovation and sustainability in chemical solutions. The company has been focusing on expanding its footprint in the Indian market, leveraging its global R&D capabilities to introduce new products tailored to local needs. However, specific recent major developments pertaining to Akzo Nobel India Ltd are not available in the provided data.

Revenue

In the first quarter of fiscal year 2026 (Q1FY26), Akzo Nobel India Ltd reported a total income of ₹1004.10 crores. This reflects a quarter-over-quarter (QoQ) increase of 2.1% from the previous quarter (Q4FY25), where the total income was ₹983.70 crores. However, there was a year-over-year (YoY) decline of 4.0% compared to the first quarter of the previous fiscal year (Q1FY25), which recorded a total income of ₹1046.00 crores. The revenue trends indicate fluctuations in the company's income over the comparative periods, showing an increase from the last quarter but a decrease from the same quarter in the previous year.

Profitability

For Q1FY26, Akzo Nobel India Ltd's profit before tax stood at ₹122.50 crores, which is a decline of 16.7% QoQ from ₹147.00 crores in Q4FY25, and a more significant decline of 20.6% YoY from ₹154.30 crores in Q1FY25. The profit after tax in Q1FY26 was ₹91.00 crores, representing a similar decline of 16.3% QoQ from ₹108.70 crores and 20.6% YoY from ₹114.60 crores. Earnings per share also saw a decrease, standing at ₹20.00 in Q1FY26 compared to ₹23.90 in Q4FY25 and ₹25.20 in Q1FY25, showing the same percentage decline as the profit after tax. These figures illustrate notable changes in profitability over the periods, with both QoQ and YoY comparisons showing decreases.

Operating Metrics

The total expenses for Q1FY26 were reported at ₹881.60 crores, which is a 5.4% increase from Q4FY25's expenses of ₹836.70 crores, but a slight decrease of 1.1% compared to Q1FY25's expenses of ₹891.70 crores. The effective tax expense for Q1FY26 was ₹31.50 crores, down 17.8% QoQ from ₹38.30 crores and 20.7% YoY from ₹39.70 crores. These metrics highlight significant changes in operational costs and tax expenses, with expenses rising on a quarter-over-quarter basis while tax expenses have decreased both quarterly and annually.