Today, the Board of Directors of Akzo Nobel India Limited approved the unaudited financial
results for the quarter ended June 30, 2019.
The company continues to:
Rajiv Rajgopal, Managing Director, AkzoNobel India:
- focus on delivering consistent profit growth through improved product mix and cost control;
- see growth in decorative paints and protective coatings. However, slowdown in automotive industry and other industrial segments has impacted the overall revenue growth; and
- make progress in its CSR/ Sustainability agenda across painter training, education, road safety and healthcare programmes.
AkzoNobel India set up e-Health clinics in Bengaluru, benefiting over 1,500 people from
economically weaker sections of society, recognized by the company’s global “Winning
Together Awards”. In addition, AkzoNobel India has also been awarded the
prestigious Golden Globe Tigers award for skill development initiatives.