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The profit growth was driven by an exceptional gain of ₹25.5 crore as against an exceptional loss of ₹162 crore in the same quarter last fiscal.

The company also said that the board of directors also recommended a final dividend of ₹1 per share. This is subject to approval from shareholders.

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 EBITDA for the quarter stood at ₹51.53 crore, down by 33% on a YoY basis

EBITDA margin decreased to 16.9% from 19.8% in Q4 FY24. On the operational front, EBIT fell 5% YoY to ₹93.4 crore as against ₹98.6 crore in the corresponding quarter of the previous year

HDFC Life, Bharat Elec are the top gainers in Nifty

The business posted a consolidated net profit of ₹19,039 Crore in the quarter ended March 2025, registering a 38% year-on-year growth.

Earlier in May, the public sector enterprise entered into a power purchase agreement. It was for an 810 MW solar project in Rajasthan.

The Board of Directors has recommended the final dividend ₹2.50 per equity share (250%) for the FY25

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.