5007102025-04-012025-06-305007102025-06-305007102025-04-012025-06-30in-capmkt:OtherExpenses1Member5007102025-04-012025-06-30in-capmkt:ReportableSegments1Member5007102025-04-012025-06-30in-capmkt:ReportableSegments1Member5007102025-04-012025-06-30in-capmkt:ReportableSegments1Member5007102025-06-30in-capmkt:ReportableSegments1Member5007102025-04-012025-06-30in-capmkt:ReportableSegments1Member5007102025-06-30in-capmkt:ReportableSegments1Member5007102025-04-012025-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares500710AKZOINDIANOTLISTEDINE133A01011Akzo Nobel India LimitedMain BoardEquity2025-04-012026-03-312025-08-042025-07-15INRMillionsQuarterlyFirst quarterGeographical2025-08-0411:00:002025-08-0413:15:00Not applicable2025-04-012025-06-30UnauditedConsolidated995105000089540000100405900005186070000416310000860200009771100002657000018260000019413400008816020000122457000001224570000326630000-1212000031451000009100600000000910060000-299700008800900004554000001019.9819.980019.9819.981. The Statement of Consolidated Unaudited Financial Results has been reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on 04 August 2025. The figures for the quarter ended 30 June 2025 have been subjected to limited review by the statutory auditors. <BR> <BR> 2. The figures for the quarter ended 31 March 2025 have not been subjected to review/audit by the statutory auditors. These are balancing figures between Consolidated Audited Financial Statements for the financial year ended 31 March 2025 and year to date Consolidated Unaudited Financial Results for nine months period ended 31 December 2024. <BR> <BR> 3. The Consolidated Unaudited Financial Results include the results of the following entities namely, Akzo Nobel India Limited, Holding Company, and ICI India Research and Technology Centre Private Limited, formerly known as ICI India Research and Technology Centre, Subsidiary, hereinafter referred to as the Group. <BR> <BR> 4. The Group is principally engaged in the business of manufacturing paints, coatings and allied products in India with similar risk, returns and internal business reporting system. Accordingly, there are no reportable segments other than Paints, which singly or in aggregate qualify for separate disclosure as per provisions of the relevant Ind AS 108 Operating segments. <BR> <BR> 5. On 24 February 2025, the Board of Directors of the Holding Company approved the slump sale of Powder Coatings Business division and the International Research Center division, to an indirect wholly owned subsidiary of Akzo Nobel N.V., Ultimate Holding Company, then proposed to be incorporated in India and which was thereafter incorporated on 4 March 2025 as Akzo Nobel Powder Coatings India Private Limited, for a consideration of Rs. 20,730 million and Rs. 700 million respectively. The shareholders of the Holding Company approved the aforesaid sale transactions on 02 April 2025. The approval of supervisory board of Akzo Nobel N.V. was received by the Holding Company on 12 June 2025 and the aforesaid sale transactions were completed on 02 July 2025. <BR> <BR> 6. The Board of Directors of the Holding Company has accepted a binding offer letter dated 24 February 2025 from Akzo Nobel N.V., Ultimate Holding Company, for the purchase and transfer of all intellectual property rights in relation to decorative paints business of the Holding Company in India, Bangladesh, Bhutan and Nepal by Akzo Nobel Coatings International B.V. at a purchase consideration of Rs. 11,520 million. The shareholders of the Holding Company approved the aforesaid purchase transaction on 02 April 2025. The approval of supervisory board of Akzo Nobel N.V. was received by the Holding Company on 12 June 2025 and the aforesaid purchase transaction was completed on 02 July 2025. <BR> <BR> 7. During the quarter, the Holding Company completed the sale of its lease hold immovable property at Parsik Hill, Navi Mumbai, Maharashtra, resulting in a gain of Rs. 51 million which has been recognized as Other income in the Consolidated Unaudited Financial Results for the quarter ended 30 June 2025. <BR> <BR> 8. The Board of Directors of the Holding Company has declared a special interim dividend of Rs. 156/- per fully paid-up equity share of Rs. 10/- each for the financial year 2025-26. The said dividend will be paid within the stipulated timelines to those shareholders who are members of the Holding Company as on the Record date as fixed by the Board. <BR> <BR> <BR> Other Expenses1941340000Paints9951050000995105000009951050000Paints12511400001251140000265700001224570000Paints2901640000029016400000029016400000Paints2901640000029016400000029016400000Gain/(Loss) of defined benefit plans-40050000-40050000-100800000-29970000