Akzo Nobel India Ltd attracted investor attention on August 4 after announcing its highest-ever dividend even as its quarterly profit declined.
The board has approved a special interim dividend of ₹156 per share for FY26, with the record date set as August 11, 2025. The dividend will be paid within 30 days from the announcement.
The company reported a net profit of ₹91 crore for the April–June quarter, down 20.6% year-on-year from ₹114.6 crore.
Revenue also slipped by 4% due to weaker retail demand, particularly for premium paint brands like Dulux. Sluggish discretionary spending and preference for value products impacted the topline.
In June 2025, Akzo Nobel India was acquired by JSW Group in a $1.6 billion deal, setting the stage for potential strategic realignment. The acquisition has refocused market attention on how the company plans to turn around its performance and compete more effectively with industry leaders such as Asian Paints, Berger Paints, and Kansai Nerolac.
India’s decorative paint market has seen intensifying competition and margin pressures. While Asian Paints recently noted some easing of retail weakness, the broader landscape remains challenging.
Akzo Nobel India’s stock responded positively post results. On August 4, it was trading at ₹3,710.20, up ₹74.30 or 2.04% from the previous close of ₹3,635.90.
The stock touched an intraday high of ₹3,780.00 and a low of ₹3,606.80. The VWAP stood at ₹3,703.27, indicating sustained buying interest.
Read More: Why Asian Paints Shares Are Down 30% from 52-Wk High? A Deep Dive into Industry Changes.
Akzo Nobel India’s record dividend and recent acquisition have drawn market interest despite subdued quarterly performance. Investors will now look to the second half of FY26 for operational traction and strategy execution under the JSW Group umbrella.
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Published on: Aug 4, 2025, 2:51 PM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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