Akzo Nobel India reports 43% fall in Q1 net profit

08 Aug 2013 Evaluate

Akzo Nobel India has reported results for first quarter ended June 30, 2013. 

The company has reported 42.83% fall in its net profit at Rs 34.81 crore for the quarter as compared to Rs 60.89 crore for the same quarter in the previous year. However, total income from operations of the company has increased marginally by 1.89% at Rs 573.64 crore for quarter under review as compared to Rs 563.01 crore for the quarter ended June 30, 2012.

Akzo Nobel India (formerly ICI India) is engaged in manufacturing and marketing of paints, speciality chemicals, adhesives and starch. The company’s origin goes way back in 1926 when Brunner Mond & Co, one of the four companies was combined to form ICI in UK. This company operated as a trading office in Calcutta to sell alkalis and dyes.

Akzo Nobel India Share Price

2395.10 -11.70 (-0.49%)
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Company Name CMP
Asian Paints 2846.00
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