JSW Dulux Limited has informed the Exchange about appointment of cost auditor
JSWDULUX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
JSW Dulux Limited (formerly Akzo Nobel India) reported FY2026 standalone revenue of Rs. 35,992 mn, down 12% from Rs. 40,693 mn in FY2025, due to the slump sale of its Powder Coatings division and International Research Center completed in Q3 FY2026. Net profit surged to Rs. 19,177 mn (vs Rs. 4,286 mn) primarily due to Rs. 18,463 mn in exceptional items from the slump sale. EPS jumped to Rs. 421.10 from Rs. 94.11. The Board recommended a final dividend of Rs. 50 per share (total FY2025-26 dividend Rs. 206 per share including special interim dividend). Statutory auditors will change from Price Waterhouse Chartered Accountants LLP to Deloitte Haskins & Sells LLP upon completion of their term. Cost auditor M/s. Chandra Wadhwa & Co. was appointed for FY2026-27. JSW Paints acquired 60.76% stake in December 2025, making it the new promoter.
Revenue declined 12% due to business divestiture, but PAT grew 347% boosted by exceptional items from the slump sale. The company remains profitable with strong dividend payout. Auditor change and new promoter structure indicate corporate transition.