Kansai Nerolac Paints has reported results for the quarter & year ended March 31, 2013.
The company has registered over two and a half fold jump in its net profit at Rs 122.70 crore in Q4FY13 as compared to Rs 44.90 crore in the same quarter previous year. Total income from operation of the company has increased by 2.61% to Rs 684.20 crore as compared to Rs 666.80 crore in corresponding quarter last year.
For the full year, the company has reported a net profit at Rs 292.20 crore for the year ended March 31, 2013, a rise of 35.34% as compared to Rs 215.90 crore for the year ended March 31, 2012. Total income from operation has increased to Rs 2856.60 crore in FY13 from Rs 2600.60 crore in FY12, up by 9.84%.
The company has recommended a dividend of 110% or Rs 11 per share as compared to 110% or Rs 11 per share last year.
