Akzo Nobel India announced its Q3 and 9M FY2025-26 results. Q3 revenue from operations stood at ₹907.7 crore. EBITDA from operations was ₹135.7 crore. 9M revenue from operations reached ₹2,737.7 crore with an EBITDA of ₹380.7 crore. JSW Paints completed acquisition of 60.76% shareholding. There was a change in board composition. The proposed change of company name to JSW Dulux Limited was approved.
Financial Performance
The Board of Directors approved the financial results for the quarter and nine months ended December 31, 2025.
Key Financials for Q3 FY2025-26 (Comparable, Excluding Divested Businesses):
Revenue from operations stood at ₹907.7 crore, a decline of 1.0% from ₹916.6 crore.
EBITDA from operations stood at ₹135.7 crore, a decline of 2.0% from ₹138.4 crore.
Profit After Tax (PAT), excluding exceptional items stood at ₹94.6 crore, up by 5.9% from ₹89.3 crore.
Key Financials for 9M FY2025-26 (Comparable, Excluding Divested Businesses):
Revenue from operations reached ₹2,737.7 crore, a decline of 2.2% from ₹2,800.7 crore.
EBITDA from operations reached ₹380.7 crore, a decline of 9.7% from ₹421.7 crore.
Profit After Tax (PAT), excluding exceptional items stood at ₹258.5 crore, a decline of 7.6% from ₹279.7 crore.
Corporate Updates
On December 10, 2025, JSW Paints Limited acquired 60.76% shareholding. Following this, JSW Paints became the Promoter and Holding Company.
Board Composition Changes
Mr. Parth Jindal was appointed as a Non-Executive Director and Chairman on January 9, 2026. Mr. Rajiv Rajgopal was re-designated as “Joint Managing Director and Chief Executive Officer”. Mr. Shantanu Maharaj Khosla was appointed as an Independent Director effective January 9, 2026.
Proposed Name Change
A proposal to change the Company name to “JSW Dulux Limited” was approved on January 28, 2026.
Business Highlights
The company launched three new decorative paint offerings: Dulux Weathershield Metallics, Dulux Weathershield Floor Plus, and an expansion of the Dulux Weathershield Textures portfolio.
Source: BSE
