Akzo Nobel India Q1 Results Revenue Up to ₹10,363 Million, Net Profit Rises to ₹1,146 Million

Akzo Nobel India Q1 Results 2024 - 2025: Akzo Nobel India declared its Q1 results for the financial year 2024-2025 on August 1, 2024, showcasing a solid performance in both revenue and profitability.

The company's revenue from operations increased by 6.5% year-over-year (YoY) to Rs. 10,363 million, compared to Rs. 9,734 million in the same quarter last year. On a quarter-on-quarter (QoQ) basis, the revenue saw a growth of 3.2%, up from Rs. 10,060 million in Q4 2023-2024.

The company reported a net profit of Rs. 1,146 million, reflecting a 5.3% YoY growth from Rs. 1,088 million in Q1 of the previous year. The profit growth was driven by an 11% increase in cost efficiency and effective management of materials and inventory, contributing to a stronger bottom line.

On a QoQ basis, Akzo Nobel India’s net profit rose by 3.6% from Rs. 1,104 million in the previous quarter, despite a slight increase in employee benefits expense, which grew by 10.9% to Rs. 884 million.

Other income declined by 5.8% QoQ to Rs. 97 million, but this was offset by a reduction in finance costs by 21.9%, down to Rs. 25 million. The Earnings Per Share (EPS) also improved, reaching Rs. 25.17, up 5.3% YoY and 5.4% QoQ. Overall, the Q1 results reflect the company's continued resilience and adaptability in a dynamic market environment.

For More Q1 results check our Twitter Page

Akzo Nobel India Q1 Results 2024 - 2025

Akzo Nobel India reported its Q1 financial results for the year 2024-2025, highlighting steady growth in both revenue and profit. The company achieved a notable increase in revenue from operations and improved its profitability on both a year-over-year (YoY) and quarter-on-quarter (QoQ) basis.

Here is a summary of the key financial metrics for the quarter ended June 30, 2024:

Source: Click Here

Akzo Nobel India Current Market Overview

Akzo Nobel India, a major player in the paints and coatings industry, is currently trading at ₹3,752 per share, with a recent increase of 1.76%. The company has a market capitalization of ₹17,087 crore, indicating its substantial presence in the market.

The stock has seen a 52-week high of ₹3,844 and a low of ₹2,265, showing its price range over the past year. With a price-to-earnings (P/E) ratio of 39.6 and a book value of ₹292, the stock reflects moderate valuation levels.

The company also offers a dividend yield of 1.97% and demonstrates strong profitability, with a Return on Capital Employed (ROCE) of 42.3% and a Return on Equity (ROE) of 32.3%, highlighting its efficient use of capital and strong financial health.

Quarterly Results

Here is a summary of Akzo Nobel India's most recent quarterly results, focusing on the financial performance for the quarters ending December 2023, March 2024, and June 2024. These figures reflect key indicators such as sales, expenses, profits, and earnings per share (EPS), giving an overview of the company's financial standing over the past three quarters.

About Akzo Nobel India Q1 Results

Akzo Nobel India, a leading manufacturer and seller of decorative paints, performance coatings, and specialty chemicals, recently announced its Q1 financial results for 2024-2025. The company showed solid performance with a 6.5% increase in revenue from operations compared to the same period last year, reaching Rs. 10,363 million.

Akzo Nobel India also achieved a 5.3% rise in net profit, demonstrating effective cost management and operational efficiency. The results reflect the company's strong market position and its ability to adapt and grow in a competitive environment, focusing on innovation and sustainability to drive long-term success.

Check our website for more Q1 results.