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
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
Brent crude futures climbed $1.48, or 1.86 per cent, to $81.24 a barrel by 0113 GMT after hitting an intraday high of $81.49, the highest since August 27
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