AkzoNobel India, the paints and coating maker has reported an increase of 17.76 percent in its standalone net profit at Rs 52.57 crore for the fourth quarter ended on March 31, 2016.
AkzoNobel has said in a statement that it had posted a net profit of Rs 44.64 crore in the same quarter a year ago.
The company’s net sales during the quarter under review stood at Rs 662.45 crore which is up 14.65 percent as compared to Rs 577.76 crore in the same period of previous year.
AkzoNobel for FY 2015-16, reported a standalone net profit of Rs 202.10 crore which is up 8.47 percent compared to a net profit of Rs 186.31 crore of the previous fiscal.
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