5007102026-07-012026-09-305007102026-09-305007102026-03-315007102026-04-012026-09-305007102026-07-012026-09-30in-capmkt:OtherExpenses1Member5007102026-04-012026-09-30in-capmkt:OtherExpenses1Member5007102026-09-30OtherNoncurrentFinancialAssetsDomain15007102026-09-30OtherNoncurrentAssetsDomain15007102026-09-30OtherCurrentFinancialAssetsDomain15007102026-09-30OtherCurrentAssetsDomain15007102026-09-30OtherNoncurrentFinancialLiabilitiesDomain15007102026-09-30OtherCurrentFinancialLiabilitiesDomain15007102026-09-30OtherCurrentFinancialLiabilitiesDomain25007102026-09-30OtherCurrentLiabilitiesDomain15007102026-07-012026-09-30in-capmkt:ReportableSegments1Member5007102026-04-012026-09-30in-capmkt:ReportableSegments1Member5007102026-07-012026-09-30in-capmkt:ReportableSegments1Member5007102026-04-012026-09-30in-capmkt:ReportableSegments1Member5007102026-07-012026-09-30in-capmkt:ReportableSegments1Member5007102026-09-30in-capmkt:ReportableSegments1Member5007102026-07-012026-09-30in-capmkt:ReportableSegments1Member5007102026-09-30in-capmkt:ReportableSegments1Memberiso4217:INRiso4217:INRxbrli:shares500710JSWDULUXNOTLISTEDINE133A01029JSW Dulux LimitedMain BoardEquity2026-04-012027-03-312026-11-042026-10-16INRMillionsQuarterlySecond quarterGeographical2026-11-0411:30:002026-11-0416:00:00trueCash Flow IndirectNot applicable2026-07-012026-09-30UnauditedConsolidated96192400002407000096433100006083920000524280000-52664000071000000044550000201230000171754000087548800008884300000888430000732000016693000017425000007141800000000714180000128400007270200004554000001015.6815.680015.6815.68Notes to the Consolidated Unaudited Financial Results for the quarter and half year ended 30 September 2026 <br /> <br /> <br /> 1. The Consolidated 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 Consolidated Financial Results include the results of the following entities namely, JSW Dulux Limited (formerly known as 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 /> 3. 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 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 /> 4. Subsequent to 30 September 2026, the shareholders of the Holding Company approved the sub-division (split) of the Holding 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 /> 5. The previous period's figures have been regrouped, wherever necessary to make them comparable with those of current period. <br /> <br /> <br /> <br /> <br /> <br /> Mumbai Rajiv Rajgopal <br /> <br /> 04 November 2026 Jt. Managing Director & CEO <br /> <br /> 2026-04-012026-09-30UnauditedConsolidated192694700002800300001954950000012441540000966010000-128488000015361900007082000040566000033487300001748407000020654300000206543000022749000032664000055413000001511300000000015113000001002000015213200004554000001033.1933.190033.1933.19Other Expenses1717540000Other Expenses3348730000462249000057361000001152220000031670000029500004021000043160000163199000013088800001973400000081192300000669534000081300000015700000068000049289000081589100002696860000189750000003870900000045540000022779140000232345400002323454000007024400007024400009640900006011600002267690000062005000090154100009635460000281213000012447590000435010000324170000132067700001547446000038709000000Other financial assets40210000Other non-current assets1308880000Other financial assets492890000Other current assets2696860000Lease Liabilities702440000Lease Liabilities182050000Other financial liabilities2630080000Other current liabilities435010000Paints9619240000Paints19269470000961924000019269470000961924000019269470000Paints933980000Paints2136250000933980000213625000044550000708200008894300002065430000Paints3870900000038709000000038709000000Paints387090000003870900000003870900000054170000-2382120000-6930000000-26000000050000000020777900000-3752100000405190000990000-122170000022000000-6590000-4630000024201000020570000-10014000000000-1366160000699270000000-633730000013330000000000000003760000000003106000000000000000000265900000151470000-22900000000005457800000000012163000022744200004117000000-2983000000-1879000000-6320000-18853200002697980000812660000-17160000-13420000432000034000001284000010020000