The company had posted a net profit at Rs 61.49 crore during the same period of last fiscal, AkzoNobel India said in a BSE filing.
Total income from operations during the quarter under review stood at Rs 781.58 crore as against Rs 711.41 crore in the year ago period.
"We have sprung back after demonetisation with both coatings and chemicals segments recording strong volume growth which is reflected in the full year's revenue growth and underlying business profitability," AkzoNobel India Managing Director Jayakumar Krishnaswamy said.
The company said its board has recommended a dividend of Rs 22 per share for 2016-17.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
