Bigul

Akzo Nobel India Limited - 500710 - Board Meeting Outcome for Akzo Nobel India Quarterly Results And Dividend

Pls find attached the results and dividend announcement made after the board meeting held today alongwith the press release.
09-02-2023

Q3FY23 Quarterly Result Announced for Akzo Nobel India Ltd.

Furniture paints firm Akzo Nobel India announced Q3FY23 results: Q3FY23 vs Q3FY22: Revenue from operations at Rs 986.8 crore, up by 8%. EBIT from operations at Rs 121.8 crore, up by 12%. PAT at Rs 97.4 crore up by 16%. 9MFY23 vs 9MFY22: Revenue from operations at Rs 2,850.7 crore, up by 25%. EBIT from operations at Rs 310.4 crore, up by 21%. PAT at Rs 239.7 crore up by 11%. Commenting on the performance, Rajiv Rajgopal, Managing Director, Akzo Nobel India, said, “In the first nine months of the fiscal year, our robust 25% revenue growth has led to market share gains across businesses.” He added, “We have registered a topline growth of 8% in the quarter, led by a strong performance across the Coatings businesses. Decorative paints saw a relatively muted growth, retail markets were affected by the monsoon in October but saw an uptick in November and December. Our double-digit profitability was driven by margin management and operating efficiencies.” “The Board of Akzo Nobel India remains committed to creating value for its shareholders. Hence, based on the performance in the nine months ended December 31, 2022, the Board is delighted to announce an interim dividend of Rs 25 per share for the year 2023,” said Oscar Wezenbeek, Chairman, Akzo Nobel India. Result PDF
09-02-2023

Akzo Nobel India Limited - 500710 - Akzo Nobel India Financials Results For The Quarter Ended 31 December 2022

Pls find attached the Financial Results for the quarter ended 31 December 2022 alongwith the press release issued today.
09-02-2023

Akzo Nobel India Limited - 500710 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Investor call is scheduled for 10th February 2023 at 1530 hrs. invitation attached.
08-02-2023