News Overview

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

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

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.

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 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.

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

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.

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 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.