Furniture-Furnishing-Paints company Akzo Nobel India announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Revenue from operations at Rs 973.4 crore, up by 2%, driven by strong double digit volume growth EBIT from operations at Rs 140.0 crore, up by 6% PAT at Rs 108.8 crore up by 14% FY24 Financial Highlights: Revenue from operations at Rs 3,961.6 crore, up by 4%, driven by significant volume growth EBIT from operations at Rs 549.8 crore, 24% up; delivers double digit profitability at 13.9% PAT at Rs 426.7 crore up by 27% Final Dividend of Rs 25/- per share recommended by the Board Akzo Nobel India Limited Chairman and Managing Director, Rajiv Rajgopal, commented: “Building on our record growth trajectory for the third straight year, Akzo Nobel India closed FY24 with new highs in absolute performance across revenue, gross margin, EBIT from operations and PAT. While doing so, our double-digit profitable momentum of five years gained further traction. In the fourth quarter, double-digit volume gains made in our operating segments and saw an expected moderation on account of the industry-wide price corrections with demand being driven by value and B2B business. Sustained raw material deflation and favourable mix allowed us to invest in brand awareness and growth, while delivering further margin and profit expansion.” Result PDF