Kansai Nerolac Paints reports 42% rise in Q2 net profit

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

28 Oct 2016 Evaluate

Kansai Nerolac Paints has reported results for second quarter ended September 30, 2016.

The company has reported 41.78% rise in its net profit at Rs 139.31 crore for the quarter under review as compared to Rs 98.26 crore for the same quarter in the previous year. Total income of the company increased by 7.56% at Rs 1163.14 crore for the quarter under review as compared Rs 1081.40 crore for the corresponding quarter 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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