Akzo Nobel’s Indian unit posted a decline in third-quarter profit on Monday, hit by charges related to the country’s new labour codes, with the year-ago quarter boosted by earnings from its now-divested powder coatings business.
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The bottom line was also impacted by one-time charges of 283 million rupees, including costs related to the country’s new labour codes.
It had earlier divested its powder coatings business and international research center. Earnings fro… [1360 chars]
Source: Reuters | Published: 2026-02-02T16:17:59Z
Credit: Reuters
