EBITDA margin of the company fell140 bps to 12.7% in Q4FY'15 compared to Q4FY'14 while PAT margin of the company fell140 bps to 7.5% over the same period.

"In a challenging environment of industry demand, AkzoNobel India has performed successfully in FY 2014-15. I am happy to announce that the Board, at its meeting today, has recommended a higher dividend of ₹20 per share, compared with ₹15 (excluding the special dividend) last year. We greatly appreciate the consistent support of our loyal shareholders.

Please join me in welcoming Mr. AB Ghosh, Managing Director, Metal Coatings, AkzoNobel NV, to the Board. He brings global expertise and international best practices to our Company."

"AkzoNobel India has registered a 24% growth in PAT in FY 2014-15, led by efficiency improvements, continued focus on costs and enriched sales mix, and relatively better input prices.

AkzoNobel India's CSR activity is being enhanced through multiple new partnerships. We are currently associated with Child, Rights and You (CRY) and ICICI Foundation. Together with these organisations, we are working in the areas of skill development and creating awareness of safety and sustainability."

Performance for the quarter ended March 2015

For quarter ended March 2015,the overall top-line fell3% to Rs 592.16 crore compared to corresponding previous year period. Operating margins of the company was flat at 10.4% as cost of material consumed as a percentage of net sales (net of stock adjustment) fell 150 bps to 45.4%, employee benefit expenses rose 200 bps to 9.3% while other expenses increased 130 bps to 25.8% and purchase of stock in trade fell 190 bps to 9.6%.As a result operating profits fell3% to Rs 61.49 crore

Other income fell40% to Rs 13.63 crore. Interest cost decreased by 17% to Rs 0.15 crore. Depreciation rose 17% to Rs 13.71 crore. PBT fell 17% to Rs 61.26 crore. Considering 100 bps rise in effective tax rate to 27.1% net profit fell18% to Rs 44.64 crore.

Performance for year ended March 2015

For year ended March 2015,the overall top-line rose 5% to Rs 2526.99 crore compared to corresponding previous year period. However company operating margins rose 240 bps to 10.3% as cost of material consumed as a percentage of net sales (net of stock adjustment) fell 110 bps to 47.1%, employee benefit expenses rose10 bps to 8.1% while other expenses decreased 110 bps to 25.7% and purchase of stock in trade decreased 30 bps to 8.7%. As a result operating profits grew 36% to Rs 261.43 crore.

Other income rose 15% to Rs 65 crore. Interest cost increased by 1% to Rs 1.49 crore. Depreciation rose 20% to Rs 52.59 crore. PBT before EO as a result rose 34% to Rs 272.35 crore. The company had an EO income of Rs 2.67 crore compared to nil in the corresponding previous year period. PBT after EO was up 35% to Rs 275.02 crore. Considering 610 bps rise in effective tax rate to 32.3% PATrose 24% to Rs 186.31 crore.

Promoter's share holding remains unchanged at 72.96% at the end of quarter ended March 2015 compared to previous quarter.

The scrip closed Rs 1270 at BSE