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Kansai Nerolac Paints Ltd has reported an increase of 11.3 per cent in its consolidated net profit to Rs 133.31 crore in the September quarter of FY26. The company had posted a net profit of Rs 119.76 crore in the July-September period a year ago, Kansai Nerolac Paints said in a regulatory filing on Monday. However, its revenue from operations was flat at Rs 1,954.18 crore in the September quarter of FY26. It was at Rs 1,951.37 crore in the corresponding quarter a year ago. Total expenses of Kansai Nerolac Paints were at Rs 1,800.94 crore, marginally up in the September quarter. Kansai Nerolac's total income, which includes other income, was flat at Rs 1,982.61 crore. "Overall demand in decorative was affected due to heavy and extended monsoons. The company continues to do well in areas of construction chemicals, waterproofing, wood finishes and projects. A shorter Diwali season and continued monsoons could impact growth in the short term," said Kansai Nerolac in its earnings ...
Kansai Nerolac Paints Ltd on Monday reported a 39.57 per cent increase in consolidated net profit to Rs 152.09 crore for the December quarter, helped by improvement in margins. The company had posted a net profit of Rs 108.97 crore in the October-December period a year ago, Kansai Nerolac said in a regulatory filing. Its revenue from operations was up 5 per cent to Rs 1,918.71 crore in the third quarter of the ongoing fiscal from Rs 1,826.81 crore in the year-ago period. Total expenses of Kansai Nerolac Paints were up 2.72 per cent to Rs 1,730.61 crore in the December quarter. Commenting on the results, Managing Director Anuj Jain said, "The quarter saw good demand for industrial coatings. Decorative demand was also good as it registered double-digit volume growth, driven by the festive season." Raw material prices were stable despite volatility in crude. "Gross margins improved over the corresponding quarter last year. The company continues to see traction as regards to initiati