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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 ...
Among listed companies, Kansai Nerolac has the highest exposure to the auto segment, with 30 per cent of its sales coming from this segment
Among individual players, the brokerage sees Kansai Nerolac as likely to be the most affected, given greater disruption in North India
Revenue from operations stood at to ₹2,162.03 crore in Q1 FY26, up 1.4 per cent from ₹2,133.08 crore in the same quarter last year
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The rise in the share price came after Kansai Nerolac's consolidated profit zoomed 341.4 per cent year-on-year (Y-o-Y) to Rs 680.9 crore in Q3FY25, from Rs 154.3 crore in Q3FY24
The company's third-quarter consolidated revenue was at Rs 1,922 crore ($220 million) in the three months ending Dec. 31, little changed from a year earlier
The company, majority owned by Japan's Kansai Paint Co, said its consolidated net profit fell to Rs 123 crore ($14.6 million) in the three months ended Sept. 30 from Rs 177 crore a year earlier
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Other major holdings in his portfolio encompass ITC (down 3%), VIP Industries (down 7%), Infosys (down 1.5%), Grindwell Norton (down 3.5%), Cummins India (down 13%)
Company's Q4 revenue was below estimates; its costs to maintain market share have increased
Revenues at India's third-largest paintmaker by market capitalisation rose over 2% to 17.69 billion rupees, while a rise in input costs helped total expenses tick 1.7% higher
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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
The company, owned by Japan's Kansai Paint Co, said consolidated net profit rose 40% year-over-year to 1.54 billion rupees ($18.5 million) in the third quarter