Key Points
BANGALORE, Nov 2 (Reuters) - Akzo Nobel India (AKZO.NS) reported a 44% rise in second-quarter profit on Thursday, helped by a drop in raw material costs...
The Indian unit of Dutch paint maker Akzo Nobel NV (AKZO.AS) said its consolidated net profit rose to 942 million rupees ($11.32 million) for the quarter ended Sept. 30 from 654 million rupees last year...
Lower raw material costs had more than made up for the slow revenue growth at Akzo Nobel in the past three quarters as well.. "In retail, softening demand and erratic rains muted sales," Akzo Nobel India Managing Director Rajiv Rajgopal said...
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