Kansai Nerolac Paints reports 29% rise in Q3 net profit

Kansai Nerolac Paints Ltd. | Paints | Chemicals & Fertilizers | BSE: 500165 | NSE: KANSAINER

25 Jan 2016 Evaluate

Kansai Nerolac Paints has reported results for third quarter ended December 31, 2015.

The company has reported 28.57% rise in its net profit at Rs 84.42 crore for the quarter ended December 31, 2015 as compared to Rs 65.66 crore for the same quarter in the previous year. Total income of company increased by 8.93% to Rs 973.96 crore for the quarter under review from Rs 894.08 crore for the corresponding quarter of the previous year.

Kansai Nerolac Paints is amongst the leading paint companies in India. The company’s manufacturing facilities are located at Uttar Pradesh, Maharashtra, Tamil Nadu and Haryana.

Peers

Company Name	CMP
Asian Paints	2445.00
Berger Paints India	458.25
Kansai Nerolac Paint	180.70
JSW Dulux	3199.80
Indigo Paints	1127.90
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