Akzo Nobel India Limited announced unaudited standalone earnings results for the first quarter ended June 30, 2017. For the quarter, the company's sales/income from operations was INR 7,833.9 million compared with INR 7,725.5 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 518.9 million compared with INR 846.4 million a year ago. Profit before tax was INR 602.1 million compared with INR 965.4 million a year ago. Net profit for the period was INR 412.7 million or INR 8.85 per basic and diluted share compared with INR 642.6 million or INR 13.77 per basic and diluted share a year ago.

The company anticipated capital spend of INR 8-10 billion in the fiscal year 2018. This would include commissioning of Powder Coatings facility and expansion of digital marketing and colour solutions machines in customer facing areas.