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Dulux LimitedMain BoardEquity2026-04-012027-03-312026-11-042026-10-16INRMillionsQuarterlySecond quarterGeographical2026-11-0411:30:002026-11-0416:00:00trueCash Flow IndirectNot applicabletruetrueNANAfalsetrue2025-05-05https://www.jswdulux.com/pdf/policy/Related_Party_Transactions_Policy.pdffalsefalseNo loans or debt securities as of now2026-07-012026-09-30UnauditedStandalone96192400002407000096433100006083920000524280000-52664000070700000044550000201230000172155000087558900008874200000887420000837000016680000017517000007122500000000712250000128400007250900004554000001015.6315.630015.6315.63Notes to the Standalone Unaudited Financial Results for the quarter and half year ended 30 September 2026 <br /> <br /> <br /> 1. The Standalone Unaudited Financial Results have been reviewed by the Audit Committee in its meeting held on 03 November 2026 and approved by the Board of Directors in its meeting held on 04 November 2026. The figures for the quarter and half year ended 30 September 2026 have been subjected to limited review by the statutory auditors. <br /> <br /> 2. The Company 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 segment(s) 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 /> 3. Subsequent to 30 September 2026, the shareholders of the Company approved the sub-division (split) of the Company's equity shares from face value of Rs.10 each to face value of Rs.1 each. Accordingly, each equity share of Rs.10 each was sub-divided into 10 equity shares of Rs.1 each. The sub-division became effective from 22 October 2026, being the Record Date. <br /> <br /> 4. The previous period's figures have been regrouped, wherever necessary to make them comparable with those of current period. <br /> <br /> <br /> <br /> <br /> Mumbai Rajiv Rajgopal <br /> <br /> 04 November 2026 Jt. Managing Director & CEO <br /> 2026-04-012026-09-30UnauditedStandalone192694700008370300002010650000012441540000966010000-128488000015294800007082000040536000033567400001748507000026214300000262143000022749000032664000055413000002067300000000020673000001003000020773300004554000001045.3945.390045.3945.39Other Expenses1721550000Other Expenses3356740000462149000057361000001152220000031060000100000029500004021000044160000163099000013088800001973239000081194300000669544000078700000015700000068000049289000081330100002696890000189493300003868172000045540000022761140000232165400002321654000007021400007021400009550200006031000002260260000062055000090141100009634660000281106000012445720000435110000324090000132049200001546518000038681720000Other financial assets40210000Other non-current assets1308880000Other financial assets492890000Other current assets2696890000Lease Liabilities702140000Lease Liabilities182050000Other financial liabilities2629010000Other current liabilities435110000Paints9619240000Paints19269470000961924000019269470000961924000019269470000Paints931980000Paints2692250000931980000269225000044550000708200008874300002621430000Paints3868200000038682000000038682000000Paints386820000003868200000003868200000054170000-2382120000-6930000000-26000000050000000021060000000-3160000000405190000990000-122170000022000000-7570000-463000055877000024006000020570000-10014000000000-1836540000784890000000-6330000000141789000000000000037600000000031060000000000000000055877000024530000015133000032757000000005457800000000012163000022744200004100000000-2982830000-1237370000-6320000-12436900002031000000787310000-17160000-13430000432000034000001284000010030000JSW Dulux Limited******Akzo Nobel Boya Sanayi ve Ticaret A.S.******Former fellow subsidiaryPurchase of goods or services18160000Approved000JSW Dulux Limited******Akzo Nobel Chang Cheng Coatings (Guangdong) Co Ltd******Former fellow subsidiaryPurchase of goods or servicesApproved000JSW Dulux Limited******Akzo Nobel Coatings AS******Former fellow subsidiarySale of goods or services130000Approved01010000660000JSW Dulux Limited******Akzo Nobel Coatings CZ a.s.******Former fellow subsidiaryPurchase of goods or services70000Approved50000-1600000JSW Dulux Limited******Akzo Nobel Coatings Inc.******Former fellow subsidiaryPurchase of goods or services74170000Approved23000000JSW Dulux Limited******Akzo Nobel Coatings Inc.******Former fellow subsidiarySale of goods or services1820000Approved03350000-230000JSW Dulux Limited******Akzo Nobel Coatings International B.V.******Former fellow subsidiaryPurchase of goods or servicesApproved0-2980000310000JSW Dulux Limited******Akzo Nobel Coatings K.K.******Former fellow subsidiaryPurchase of goods or services2260000Approved1000000JSW Dulux Limited******Akzo Nobel Coatings K.K.******Former fellow subsidiarySale of goods or services520000Approved1390000-13900001450000JSW Dulux Limited******Akzo Nobel Coatings Limited******Former fellow subsidiaryPurchase of goods or services1580000Approved350000-820000410000JSW Dulux Limited******Akzo Nobel Coatings S.A.******Former fellow subsidiaryPurchase of goods or services450000Approved000JSW Dulux Limited******Akzo Nobel Coatings S.A.******Former fellow subsidiarySale of goods or services4080000Approved17300004400001480000JSW Dulux Limited******Akzo Nobel Coatings S.P.A.******Former fellow subsidiaryPurchase of goods or services15390000Approved000JSW Dulux Limited******Akzo Nobel Coatings S.P.A.******Former fellow subsidiarySale of goods or services1940000Approved13900001200000840000JSW Dulux Limited******Akzo Nobel Coatings, S.L.U.******Former fellow subsidiaryPurchase of goods or services57610000Approved22140000-11640000-4320000JSW Dulux Limited******Akzo Nobel Decorative Coatings B.V.******Former fellow subsidiaryPurchase of goods or servicesApproved000JSW Dulux Limited******Akzo Nobel Global Business Services LLP******Former fellow subsidiaryPurchase of goods or services86000000Approved57300000-57140000-25920000JSW Dulux Limited******Akzo Nobel Hilden GmbH******Former fellow subsidiaryPurchase of goods or services84090000Approved3350000-2530000-820000JSW Dulux Limited******Akzo Nobel HK (Holdings) Limited******Former fellow subsidiaryPurchase of goods or services240000Approved000JSW Dulux Limited******Akzo Nobel HK (Holdings) Limited******Former fellow subsidiarySale of goods or services430000Approved000JSW Dulux Limited******Akzo Nobel Industrial Coatings Korea Ltd.******Former fellow subsidiaryPurchase of goods or services29320000Approved10260000-3900000-6070000JSW Dulux Limited******Akzo Nobel Industrial Coatings Sdn Bhd******Former fellow subsidiarySale of goods or services10660000Approved000JSW Dulux Limited******Akzo Nobel International Paint (Suzhou) Co. 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Managing Director and CEORemuneration- As approved by the Nomination and Remuneration Committee and the Board - Within the limits as approved by the Board and Shareholders of the Company - within the statutory limit258200002600001140000JSW Dulux Limited******Rajiv Rajgopal******Jt. Managing Director and CEORemuneration- As approved by the Nomination and Remuneration Committee and the Board - Within the limits as approved by the Board and Shareholders of the Company - within the statutory limit01592000018820000JSW Dulux Limited******Rajiv Rajgopal******Jt. Managing Director and CEORemuneration- As approved by the Nomination and Remuneration Committee and the Board - Within the limits as approved by the Board and Shareholders of the Company - within the statutory limit000JSW Dulux Limited******Krishna Rallapalli******Wholetime Director and CFORemuneration- As approved by the Nomination and Remuneration Committee and the Board - Within the limits as approved by the Board and Shareholders of the Company - within the statutory limit9890000120000280000JSW Dulux Limited******Krishna Rallapalli******Wholetime Director and CFORemuneration- As approved by the Nomination and Remuneration Committee and the Board - Within the limits as approved by the Board and Shareholders of the Company - within the statutory limit01245000011950000JSW Dulux Limited******Krishna Rallapalli******Wholetime Director and CFORemuneration- As approved by the Nomination and Remuneration Committee and the Board - Within the limits as approved by the Board and Shareholders of the Company - within the statutory limit000JSW Dulux Limited******Rohit Ghanshyamdas Totla******Wholetime DirectorRemuneration- As approved by the Nomination and Remuneration Committee and the Board - Within the limits as approved by the Board and Shareholders of the Company - within the statutory limit1364000020000560000JSW Dulux Limited******Rohit Ghanshyamdas Totla******Wholetime DirectorRemuneration- As approved by the Nomination and Remuneration Committee and the Board - Within the limits as approved by the Board and Shareholders of the Company - within the statutory limit01091000011740000JSW Dulux Limited******Rohit Ghanshyamdas Totla******Wholetime DirectorRemuneration- As approved by the Nomination and Remuneration Committee and the Board - Within the limits as approved by the Board and Shareholders of the Company - within the statutory limit000JSW Dulux Limited******Rajiv Jha******General Counsel and Company SecretaryRemuneration- As approved by the Nomination and Remuneration Committee and the Board - Within the limits as approved by the Board and Shareholders of the Company - within the statutory limit459000060000170000JSW Dulux Limited******Rajiv Jha******General Counsel and Company SecretaryRemuneration- As approved by the Nomination and Remuneration Committee and the Board - Within the limits as approved by the Board and Shareholders of the Company - within the statutory limit0710000590000JSW Dulux Limited******Hemant Sahai******Independent DirectorRemuneration- As approved by the Nomination and Remuneration Committee and the Board - Within the limits as approved by the Board and Shareholders of the Company - within the statutory limit6700001900000440000JSW Dulux Limited******Namrata Kaul******Independent DirectorRemuneration- As approved by the Nomination and Remuneration Committee and the Board - Within the limits as approved by the Board and Shareholders of the Company - within the statutory limit000JSW Dulux Limited******Anil Chaudhry******Independent DirectorRemuneration- As approved by the Nomination and Remuneration Committee and the Board - Within the limits as approved by the Board and Shareholders of the Company - within the statutory limit11800001900000650000JSW Dulux Limited******Smriti Vijay******Former Independent DirectorRemuneration- As approved by the Nomination and Remuneration Committee and the Board - Within the limits as approved by the Board and Shareholders of the Company - within the statutory limit11800001900000800000JSW Dulux Limited******Shantanu Maharaj Khosla******Independent DirectorRemuneration- As approved by the Nomination and Remuneration Committee and the Board - Within the limits as approved by the Board and Shareholders of the Company - within the statutory limit1180000590000650000JSW Dulux Limited******Sutapa Banerjee******Independent DirectorRemuneration- As approved by the Nomination and Remuneration Committee and the Board - Within the limits as approved by the Board and Shareholders of the Company - within the statutory limit1180000300008000003647470000