Chennai: AkzoNobel India has said its revenue from operations in the first quarter of 2021-22 stood at Rs 626.4 crore, up by 142 per cent, when compared to the same period last year.
EBIT was at Rs 72.6 crore, compared to a loss of Rs 30.1 crore in the same period last year.
Profit after tax stood at Rs 75.9 crore (supported by Rs 16.8 crore tax provision reversal) versus a loss of Rs 20.3 crore in the previous year, the company said.
Rajiv Rajgopal, managing director, said, “As India started unlocking, AkzoNobel delivered a robust recovery in June.”