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Kansai Nerolac Paints consolidated net profit rises 84.89% in the March 2021 quarter

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Capital Market

Sales rise 35.25% to Rs 1450.83 crore

Net profit of Kansai Nerolac Paints rose 84.89% to Rs 124.28 crore in the quarter ended March 2021 as against Rs 67.22 crore during the previous quarter ended March 2020. Sales rose 35.25% to Rs 1450.83 crore in the quarter ended March 2021 as against Rs 1072.72 crore during the previous quarter ended March 2020.

For the full year,net profit rose 1.68% to Rs 529.74 crore in the year ended March 2021 as against Rs 521.01 crore during the previous year ended March 2020. Sales declined 3.98% to Rs 5041.39 crore in the year ended March 2021 as against Rs 5250.40 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales1450.831072.72 35 5041.395250.40 -4 OPM %14.7112.51 -17.1215.32 - PBDT216.60131.86 64 877.75809.08 8 PBT168.4493.50 80 712.45666.96 7 NP124.2867.22 85 529.74521.01 2

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First Published: May 07 2021 | 4:43 PM IST

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