Akzo Nobel India Q3 Profit Plunges 31.6% to Rs 74.3 Cr, Revenue Down 13.6%

• Akzo Nobel India reported a 31.58% drop in consolidated net profit to Rs 74.3 crore for the December quarter of FY26.
• Revenue from operations decreased by 13.6% to Rs 907.7 crore compared to Rs 1,050.5 crore in the previous year.
• Exceptional items, including new Labour Codes implementation, led to a net loss of Rs 28.3 crore.
• Despite profit decline, the company saw overall volume growth of 5.9%, with domestic decorative paints volumes up 8%.
• JSW Paints acquired a 60.76% stake in Akzo Nobel India, becoming its promoter, and a name change to JSW Dulux Ltd is proposed.

Why It Matters: Akzo Nobel India faced a significant profit and revenue decline in Q3 FY26 amid ownership change to JSW Paints.