Akzo Nobel India Ltd. has declared its highest interim dividend on record as the company unveiled its financial results for the June 2025 quarter. The board cleared a special interim dividend of Rs 156 per equity share for the financial year 2025-26. The dividend is set to be disbursed within 30 days, with a record date fixed for August 11, 2025. This marks the highest dividend payout by the company in a quarter, based on historical data from the Bombay Stock Exchange (BSE).
In addition to the dividend announcement, Akzo Nobel India reported a 20.6% year-on-year fall in its net profit to Rs 91 crore in Q1 from Rs 114.6 crore in the same period last year. Revenue fell 4% to ₹995 crore compared to ₹1,036.3 crore a year earlier. The company's EBITDA slipped 20.4% to ₹134.4 crore, while its margins narrowed to 13.5% from 16.3%.
Despite the decline in financial results, Akzo Nobel India shares showed positive movement on the stock market. The shares traded 2.60% higher on Monday, closing at ₹3,730.50.
The stock has risen by 5% on a year-to-date basis.
"This special interim dividend will be paid within 30 days from today," the company said in an exchange filing. This announcement reflects the company's confidence in its long-term growth prospects, despite the short-term financial challenges.
The strategic decision to reward shareholders with such a significant dividend underscores the company's commitment to delivering value. Investors have reacted positively, as evidenced by the stock's upward trajectory.
The company's proactive approach in managing shareholder expectations, while navigating a challenging economic landscape, is noteworthy. Akzo Nobel continues to focus on strengthening its market position and enhancing operational efficiencies to drive future growth.
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