Kansai Nerolac  Paints has posted net sales of Rs 308 crore for the fourth quarter ended March 08, up 8 per cent, compared to Rs 285 crore during the corresponding period last year.


</p><tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>Nerolac's net sales for FY08 increased by 7.96 per cent to Rs 1319.75 crore compared to Rs 1,222.38 crore during the last financial year.</P>
</p><p class='TableClas'>It recorded net profit of Rs 119.79 crore for the financial year ended March 08 as against Rs 107.66 crore a year ago. </P>
</p><p class='TableClas'>H M Bharuka, managing director, Kansai Nerolac Paints, said: " the topline growth is led by the decorative business while growth in industrial segment has been low with visible slow down in automobile industry on account of negative growth in two wheelers. The slowdown in automobile may continue to impact our business for some time." </P>
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Kansai Nerolac net sales up 8% y-o-y

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