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Kansai Nerolac Paints standalone net profit declines 8.92% in the March 2018 quarter

Capital Market

Sales rise 17.01% to Rs 1098.27 crore

Net profit of Kansai Nerolac Paints declined 8.92% to Rs 105.81 crore in the quarter ended March 2018 as against Rs 116.17 crore during the previous quarter ended March 2017. Sales rose 17.01% to Rs 1098.27 crore in the quarter ended March 2018 as against Rs 938.59 crore during the previous quarter ended March 2017.

For the full year,net profit rose 2.07% to Rs 516.40 crore in the year ended March 2018 as against Rs 505.94 crore during the previous year ended March 2017. Sales rose 14.58% to Rs 4569.59 crore in the year ended March 2018 as against Rs 3988.17 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales1098.27938.59 17 4569.593988.17 15 OPM %15.3817.49 -17.2818.32 - PBDT187.56187.23 0 862.19828.91 4 PBT167.89169.72 -1 786.40759.42 4 NP105.81116.17 -9 516.40505.94 2

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First Published: May 02 2018 | 5:40 PM IST

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