Akzo Nobel India’s profit surges 831.4% in H1 on divestment gains

Akzo Nobel India announced a substantial increase in profit for the half-year ended September 30, 2025. The company reported a profit after tax (PAT) including exceptional items of INR 1,773.7 million, an 831.4% increase from INR 190.4 million in H1 FY2024-25. This surge in profitability was primarily driven by exceptional items totaling INR 18,742 million, which included a profit of INR 18,925 million from the slump sale of the powder coatings business and the international research center division.

Revenue from operations for H1 FY2025-26 decreased by 9.3% to INR 1,830.0 million, compared to INR 2,018.6 million in the corresponding previous period, a change attributed to the divestment. EBIT from operations also saw a decline of 23.1% to INR 208.5 million.

Despite the challenging operating environment and revenue decline due to the divestiture, the company maintained double-digit profitability while investing in brand, innovations, and growth initiatives, with volume growth in Q2 partially offsetting competitive pressures and weather disruptions.