It posted an EBITDA of ₹351.30 Crore, registering a growth of 4.30% on a year-on-year basis against previous year.
Akzo Nobel India, popular for its Dulux brand, is one of the leading players in India’s decorative and industrial paints category and currently has a market capitalisation of about ₹16,000 crore.
The business said that net profit for the quarter ended March 2025 registered a 5.5% on a year-on-year basis to ₹272.70 Crore.
Earlier in May, the public sector enterprise entered into a power purchase agreement. It was for an 810 MW solar project in Rajasthan.
Bosch remains positive on its growth prospects in FY26, paced by India’s accelerating shift toward digitalization, sustainable mobility, and electrification.
The IPO offer is for a fresh issue shares aggregating to a total amount of up to INR 2,200 m. There is no offer for sale.
The business posted a consolidated net profit of ₹19,039 Crore in the quarter ended March 2025, registering a 38% year-on-year growth.
The last instance of bottomline being at these levels was back in 2022. It reported a net profit of ₹356 Crore in the quarter ended March 2022.
The cost for the entire project of ₹204.2 crore is for a duration of 12 years with commissioning scheduled in 18 months from signing the power purchase agreement.
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