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Kansai Nerolac Paints consolidated net profit declines 77.08% in the June 2020 quarter

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Capital Market

Sales decline 58.82% to Rs 631.37 crore

Net profit of Kansai Nerolac Paints declined 77.08% to Rs 33.47 crore in the quarter ended June 2020 as against Rs 146.02 crore during the previous quarter ended June 2019. Sales declined 58.82% to Rs 631.37 crore in the quarter ended June 2020 as against Rs 1533.30 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales631.371533.30 -59 OPM %12.1716.55 -PBDT79.47255.84 -69 PBT41.55222.82 -81 NP33.47146.02 -77

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First Published: Aug 03 2020 | 2:35 PM IST

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