MoneyWorks4Me

Kansai Nerolac Paints reports 39% fall in Q3 consolidated net profit

01 Feb 2022 Evaluate

Kansai Nerolac Paints has reported results for third quarter ended December 31, 2021.

The company has reported a fall of 34.69% in its net profit at Rs 132.38 crore for the quarter under review as compared to Rs 202.69 crore for the same quarter in the previous year. However, total income of the company increased by 12.62% at Rs 1,703 crore for Q3FY22 as compared Rs 1,512.14 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 38.72% in its net profit at Rs 125.32 crore for the quarter under review as compared to Rs 204.50 crore for the same quarter in the previous year. However, total income of the company increased by 13.28% at Rs 1,820.31 crore for Q3FY22 as compared Rs 1,606.86 crore for the corresponding quarter previous year.

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
View more..