Kansai Nerolac Paints has reported results for fourth quarter and year ended March 31, 2022.
The company has reported a fall of 80.91% in its net profit at Rs 24.53 crore for the quarter under review as compared to Rs 128.50 crore for the same quarter in the previous year. However, total income of the company increased by 3.82% at Rs 1,420.45 crore for Q4FY22 as compared Rs 1,368.21 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 84.49% in its net profit at Rs 19.17 crore for the quarter under review as compared to Rs 123.62 crore for the same quarter in the previous year. However, total income of the company increased by 4.43% at Rs 1,535.63 crore for Q4FY22 as compared Rs 1,470.50 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported a fall of 29.45% in its net profit at Rs 374.33 crore as compared to Rs 530.60 crore for the previous year. However, total income of the company increased by 24.37% at Rs 5,981.76 crore for year under review as compared to Rs 4,809.75 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported a fall of 34.73% in its net profit at Rs 343.15 crore as compared to Rs 525.72 crore for the previous year. However, total income of the company increased by 25.08% at Rs 6,394.76 crore for year under review as compared to Rs 5,112.46 crore for year ended March 31, 2021.
