JSW Dulux has announced its unaudited financial results for the first quarter of FY27, showcasing robust performance. The company reported a significant 101.6% year-on-year growth in Profit After Tax (PAT) to ₹135.5 crore. This was driven by strong volume growth across verticals and strategic initiatives, including a notable dividend income of ₹55.9 crore.
JSW Dulux Delivers Strong Q1 FY27 Performance
JSW Dulux Limited has released its unaudited financial results for the first quarter ended June 30, 2026, highlighting solid progress on its strategic priorities. The company achieved a substantial 101.6% year-on-year growth in Profit After Tax (PAT), reaching ₹135.5 crore compared to ₹67.2 crore in the prior year’s corresponding quarter. This impressive PAT growth was underpinned by a 18.8% increase in Net Revenue to ₹965.0 crore.
Key Financial Highlights and Drivers
The company’s Gross Margin stood at 37.4%, reflecting a 2.0% growth. EBITDA also saw a healthy increase, reaching ₹115.1 crore with a margin of 11.9%. These results were driven by several key factors, including a +25% volume growth across all verticals, double-digit growth in volume and value, and strategic calibrated price increases in the B2C segment. Strong order wins in the Infrastructure, Power, Coil sectors, and Automotive OEMs also contributed to the performance.
Strategic Progress and Initiatives
The company’s strategic initiatives are showing positive outcomes. Project Akshaya, focused on unlocking synergies through operational efficiencies, realized benefits of ₹2.4 crore in Q1 FY27. The PAT of ₹135.5 crore for the quarter includes significant contributions from dividend income (₹55.9 crore) from ICI India Research and Technology Centre Private Limited and an interest on IT refund (₹21.5 crore). Despite challenges like elevated raw material prices and higher promotion spends impacting margins, the company maintained double-digit profitability.
Source: BSE
