JSW Dulux Limited (formerly Akzo Nobel India) has reported its financial performance for the quarter and year ended March 31, 2026. The company announced a final dividend of ₹50 per share, bringing the total dividend for FY 2025-26 to ₹206 per share. Additionally, the company is transitioning its leadership, appointing new statutory and cost auditors, and naming a new Senior Management Personnel to lead its human resources strategy.
Financial Highlights and Performance
For the quarter ended March 31, 2026, JSW Dulux recorded revenue from operations of ₹883.3 crore. The company achieved a notable 23% volume growth in the fourth quarter. For the full fiscal year 2025-26, revenue reached ₹3,599.2 crore. The company recognized exceptional items totaling ₹18,463 million, primarily driven by the slump sale of its Powder Coatings and International Research Center divisions.
Dividend and Annual General Meeting
The Board of Directors has recommended a final dividend of ₹50 per equity share for the financial year 2025-26. If approved by shareholders at the 72nd Annual General Meeting (AGM), this will be paid on or before August 8, 2026. Given the previously paid special interim dividend of ₹156 per share, the total dividend payout for the year stands at ₹206 per share. The AGM is scheduled for July 10, 2026, to be conducted via video conference.
Strategic Leadership and Governance Updates
The company is undergoing significant structural changes. Following the completion of the term of M/s. Price Waterhouse Chartered Accountants LLP, the Board has recommended the appointment of M/s. Deloitte Haskins & Sells LLP as the new statutory auditors for a five-year term, effective from the conclusion of the upcoming 72nd AGM. Furthermore, M/s. Chandra Wadhwa & Co. has been appointed as the Cost Auditor for the 2026-27 financial year.
Management Strengthening
In line with its organizational growth strategy, JSW Dulux has appointed Ms. Ritika Chopra as the new Head of HR and Senior Management Personnel, effective May 13, 2026. Ms. Chopra brings extensive experience from her previous roles at major global and Indian organizations, and she will be responsible for leading the company’s people and organizational agenda.
Source: BSE
