Kansai Nerolac Paints reports 44% growth in Q3FY17 net profit

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

31 Jan 2017 Evaluate

Kansai Nerolac Paints (KNPL) has reported results for third quarter ended December 31, 2016.

The company has reported 44.01% rise in its net profit at Rs 123.96 crore for the quarter under review as compared to Rs 86.08 crore for the same quarter in the previous year. Total income of the company increased by 8.60% at Rs 1168.44 crore for the quarter under review as compared to Rs 1075.94 crore for the corresponding quarter previous year.

Kansai Nerolac Paints is amongst the leading paint companies in India. The company offers a range of products, including decorative, Automotive Coatings and Performance coatings.

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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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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