Kansai Nerolac’s Q1 net jumps 33%

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

29 Jul 2016 Evaluate

Kansai Nerolac Paints has reported results for first quarter ended June 30, 2016.

The company has reported 32.89% jump in its net profit at Rs 126.50 crore for the quarter ended June 30, 2016, as compared to Rs 95.19 crore for the same quarter in the previous year. The company’s total income increased by 8.88% to Rs 1068.14 crore for the quarter under review from Rs 981.04 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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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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