The company, owned by Japan's Kansai Paint Co, said its consolidated net profit rose 56% to Rs 177 crore ($21.26 million) for the three months ended Sept. 30
Higher advertising costs and demand worries could put pressure on profitability
Kansai Nerolac Paints Ltd on Friday said its Executive Director Anuj Jain has been elevated as the managing director of the company
Will take on the likes of Asian Paints, Nerolac in a sector that has registered a revenue CAGR of 11% between FY14 and FY19
A 57 per cent market share in the automotive paints segment makes Kansai Nerolac the largest segmental player
Shares of Asian Paints, Berger Paints, and Kansai Nerolac gained between 3.7 and 7 per cent, even as the Sensex fell 1.5 per cent on Wednesday
Time for change, the ads say, hinting to viewers that it is time to move the needle away from the leader in the pack, Asian Paints