Latest news with #KansaiNerolacPaints
News18
05-08-2025
- Business
- News18
Kansai Nerolac Paints Q1 profit down 4 pc to Rs 215.6 cr
Agency: New Delhi, Aug 5 (PTI) Kansai Nerolac Paints Ltd has reported a decline of 4.12 per cent in consolidated net profit to Rs 215.6 crore for the June quarter of this financial year. The company had posted a net profit of Rs 224.87 crore in the April-June period a year ago, according to a regulatory filing from Kansai Nerolac on Monday. However, its revenue from operations increased 1.35 per cent to Rs 2,162.03 crore in the June quarter of FY26. It was at Rs 2,133.08 crore in the corresponding quarter a year ago. Total expenses of Kansai Nerolac Paints were at Rs 1,919.18 crore, up 3.24 per cent in the June quarter. Kansai Nerolac's total income, which includes other income, was at 2,214.84 crore, up 1.27 per cent in the quarter under review. 'During the quarter, demand for Decorative showed signs of revival, though an early monsoon impacted during the later part of the quarter. Performance of decorative was affected due to the disturbance in April, which impacted key markets in the North," Managing Director Pravin Chaudhari said. Chaudhari further noted that in automotive, demand for KNP continued to be better than the market, driven by various initiatives. Performance coatings registered strong growth. On raw material prices, he said they were 'benign", and forex remained volatile. 'The uncertainty in the environment due to geopolitical factors continued, and we remain watchful," he said. On the outlook of the Indian Paints Industry, the company said the good growth in infrastructure, core sector, as well as automobile and real estate, is likely to have a positive effect on the overall demand of paint for the industry in the long run. The size of the domestic paint industry is estimated at around Rs 77,500 crore as of March 2025, according to Kansai Nerolac Paints. Shares of Kansai Nerolac Paints Ltd on Tuesday settled at Rs 242.40 on BSE, down 0.49 per cent from the previous close. PTI KRH DRR view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Business Standard
05-08-2025
- Business
- Business Standard
Kansai Nerolac registers over 4% YoY decline in Q1 PAT; clocks EBIDTA of Rs 311.97 crore
Kansai Nerolac Paints has posted 4.1% fall in consolidated net profit to Rs 215.6 crore in Q1 FY26 from Rs 224.9 crore in Q1 FY25. For the quarter, the company declared net revenue of Rs 2,087.42 crore, a growth of 1.8% over the corresponding quarter of the previous year. EBIDTA fell by 6.7% to Rs 311.97 crore in Q1 FY26 over Q1 FY25. Profit before tax (PBT) in Q1 FY26 was at Rs 310.08 crore, down by 4.1% from Rs 308.1 crore posted in Q1 FY25. Pravin Chaudhari, managing director, Kansai Nerolac Paints, said: During the quarter demand for Decorative showed signs of revival though an early monsoon impacted during the later part of the quarter. KNP decorative performance was affected due to the disturbance in April which impacted key markets in the North. In Automotive, demand for KNP continued to be better than the market, on the back of various initiatives. Performance coatings registered strong growth. Raw material prices were benign. Forex remained volatile. The uncertainty in the environment due to geo-political factors continued and we remain watchful. Looking ahead, we anticipate an improvement in decorative demand driven by a favorable monsoon and the early onset of Diwali. Kansai Nerolac is one of the leading paint companies in India and is the leader in Industrial paints. The company has eight strategically located manufacturing units all over India and a strong dealer network across the country. The company manufactures a diversified range of products ranging from decorative paints coatings for homes, offices, hospitals, and hotels to sophisticated industrial coatings for most of the industries. The scrip shed 0.55% to currently trade at Rs 242.25 on the BSE.
Business Standard
05-08-2025
- Business
- Business Standard
Kansai Nerolac Paints consolidated net profit declines 4.30% in the June 2025 quarter
Sales rise 1.36% to Rs 2162.03 crore Net profit of Kansai Nerolac Paints declined 4.30% to Rs 220.91 crore in the quarter ended June 2025 as against Rs 230.83 crore during the previous quarter ended June 2024. Sales rose 1.36% to Rs 2162.03 crore in the quarter ended June 2025 as against Rs 2133.06 crore during the previous quarter ended June 2024. Particulars Quarter Ended Jun. 2025 Jun. 2024 % Var. Sales 2162.032133.06 1 OPM % 14.0215.45 - PBDT 348.40356.23 -2 PBT 295.46308.09 -4 NP 220.91230.83 -4
Time of India
04-08-2025
- Business
- Time of India
Kansai Nerolac Paints' net profit dips 4.13% in Q1 FY26
NEW DELHI: Kansai Nerolac Paints has reported a dip of 4.13 per cent in its net consolidated profit during the quarter ended June 30, 2025. Its profit after tax stood at ₹215.59 crore in Q1 FY26 as against ₹224.87 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing. The company's net consolidated total income stood at ₹2,214.64 crore in Q1 FY26, a growth of 2.21 per cent from ₹2,166.69 crore it recorded in the similar quarter last year. Pravin Chaudhari , managing director of the company said, "During the quarter demand for decorative showed signs of revival though an early monsoon impacted during the later part of the quarter. KNP decorative performance was affected due to the disturbance in April which impacted key markets in the North. Performance coatings registered strong growth. Raw material prices were benign. Looking ahead, we anticipate an improvement in decorative demand driven by a favorable monsoon and the early onset of Diwali."
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Business Standard
04-08-2025
- Business
- Business Standard
Kansai Nerolac Paints Q1 results: Profit down 4%, revenue up marginally
Kansai Nerolac Paints reported a slight decline in its net profit for the first quarter of the financial year 2025-25 (Q1 FY26), at ₹220.91 crore, down 4 per cent year-on-year (Y-o-Y) from ₹230.83 crore in the same quarter last year. However, on a sequential basis, profit more than doubled from ₹108.46 crore in the previous quarter, reflecting a sharp recovery in earnings. Revenue from operations stood at ₹2,162.03 crore in Q1 FY26, up 1.4 per cent from ₹2,133.08 crore in the same quarter last year. On a quarter-on-quarter (QoQ) basis, revenue grew 18.9 per cent from ₹1,818.85 crore in Q4 FY25. The firm's earnings before interest, taxes, depreciation, and amortisation (Ebitda) stood at ₹311.97 crores, down by 6.7 per cent over the same quarter of the previous year, the company said in a BSE filing. 'During the quarter, demand for decorative showed signs of revival, though an early monsoon impacted during the later part of the quarter. KNP decorative performance was affected due to the disturbance in April, which impacted key markets in the North. In automotive, demand for KNP continued to be better than the market, on the back of various initiatives. Performance coatings registered strong growth. Raw material prices were benign. Forex remained volatile. The uncertainty in the environment due to geopolitical factors continued, and we remain watchful," said Pravin Chaudhari, managing director of Kansai Nerolac Paints.
