Kansai Nerolac Q1 net up 20% at Rs 72.98 crore

Company had reported net profit of Rs 60.93 crore in the April-June quarter of 2013-14 fiscal

Last Updated : Jul 22 2014 | 2:21 PM IST

Kansai Nerolac Paints today reported 19.77% increase in standalone net profit at Rs 72.98 crore for the first quarter ended June 30.

The company had reported net profit of Rs 60.93 crore in the April-June quarter of 2013-14 fiscal.

Net sales during Q1, 2014-15 were at Rs 921.07 crore, an increase of 16.61% as compared to Rs 789.81 crore in the year-ago period, the company said in a BSE filing.

Kansai Nerolac Paints Q2 net up 9% to Rs 51.7 crore

Kansai Nerolac Paints Q1 Net down 4% at Rs 61 cr

Paint firms' prices reflect strong prospects

Asian Paints reaps its headstart

Coatings industry paints big picture with pick up in rural demand

Overall expenses during Q1 stood at Rs 823.17 crore, up 16.63% as against Rs 705.75 crore in the same quarter last year.

Kansai Nerolac scrip were trading at Rs 1666 apiece, up 5.78% from its previous close on the BSE.

Connect with us on WhatsApp