You are here: Home » Companies » Results
Business Standard

Kansai Nerolac Paints Q3 net up 26% at Rs 52 cr

Press Trust of India  |  New Delhi 

Kansai Nerolac Paints today said its net profit rose by 26.66% to Rs 52.6 crore for the third quarter ended December 31, 2011, over the same period previous fiscal.

The company had posted a net profit of Rs 41.5 crore in the corresponding period of previous fiscal, Kansai Nerolac Paints said in a filing to the BSE.

Net sales of the company rose to Rs 665.5 crore for the third quarter ended December 31, 2011, compared to Rs 560.1 crore for the same period previous fiscal.

For the nine months ended December 31, 2011, the company posted a net profit of Rs 171 crore, compared to Rs 147.1 crore in the same period previous financial year.


Shares of Kansai Nerolac Paints today closed at Rs 875 on the BSE, up 0.57% from its previous close.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Mon, January 30 2012. 19:09 IST
RECOMMENDED FOR YOU
.