Kansai Nerolac Paints consolidated net profit declines 80.10% in the March 2022 quarter

Sales rise 5.28% to Rs 1536.60 crore

Net profit of Kansai Nerolac Paints declined 80.10% to Rs 24.73 crore in the quarter ended March 2022 as against Rs 124.28 crore during the previous quarter ended March 2021. Sales rose 5.28% to Rs 1536.60 crore in the quarter ended March 2022 as against Rs 1459.57 crore during the previous quarter ended March 2021.

For the full year,net profit declined 32.26% to Rs 358.86 crore in the year ended March 2022 as against Rs 529.74 crore during the previous year ended March 2021. Sales rose 25.52% to Rs 6369.35 crore in the year ended March 2022 as against Rs 5074.25 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales1536.601459.57 5 6369.355074.25 26 OPM %5.4614.62 -10.2017.01 - PBDT75.13216.60 -65 646.18877.75 -26 PBT32.09168.44 -81 476.41712.45 -33 NP24.73124.28 -80 358.86529.74 -32

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