Kansai Nerolac Paints standalone net profit declines 81.24% in the March 2017 quarter

Sales rise 8.00% to Rs 938.59 crore

Net profit of Kansai Nerolac Paints declined 81.24% to Rs 116.17 crore in the quarter ended March 2017 as against Rs 619.32 crore during the previous quarter ended March 2016. Sales rose 8.00% to Rs 938.59 crore in the quarter ended March 2017 as against Rs 869.09 crore during the previous quarter ended March 2016.

For the full year,net profit declined 43.71% to Rs 505.94 crore in the year ended March 2017 as against Rs 898.85 crore during the previous year ended March 2016. Sales rose 6.99% to Rs 3988.17 crore in the year ended March 2017 as against Rs 3727.60 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales938.59869.09 8 3988.173727.60 7 OPM %17.4915.51 -18.3215.56 - PBDT187.23144.35 30 828.91607.33 36 PBT169.72127.27 33 759.42539.61 41 NP116.17619.32 -81 505.94898.85 -44

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