JSW Dulux Limited reported its financial results for the quarter ended December 31, 2025 (Q3 FY26), showing a decline in both revenue and profit compared to the previous year. The company’s total income from operations stood at ₹9,223.8 million, down 12.7% YoY. Net Profit for the quarter was ₹743 million, reflecting a 31.6% decrease from the same quarter last year. However, on a sequential (QoQ) basis, revenue showed an increase of 8.72% from ₹8,349 million in the preceding quarter. The decline in year-on-year profit was largely due to exceptional items and the divestment of the powder coatings segment.

MetricQ3 FY26 (Current)Q3 FY25 (YoY)Q2 FY26 (QoQ)% Change (YoY)% Change (QoQ)
Revenue₹9,077 Million₹10,510 Million₹8,349 Million-13.63%+8.72%
Net Profit₹743 Million₹1,086 Million₹16,828 Million*-31.58%-95.58%*

*Note: Q2 FY26 profit included a significant one-time gain from business divestments.

JSW Dulux Limited, formerly known as Akzo Nobel India Limited, is a leading manufacturer of paints and coatings in India, famous for its “Dulux” brand. Following the acquisition of a 61.2% stake by JSW Paints in late 2025, the company has officially transitioned into the JSW Group ecosystem. The company maintains a strong presence in both decorative and industrial coatings and is currently restructuring its leadership under the chairmanship of Parth Jindal to drive market share growth and operational synergies.

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