E - PAPER

CURRENT MONTHS

LAST MONTHS

VIEW ALL
  • About
  • TEAM REALTY+
  • CONTACT US
  • SUBSCRIBE
  • HOME
  • NEWS ROOM
  • COVER STORY
  • INTERVIEWS
  • DRAWING BOARD
  • PROJECT WATCH
  • SPOTLIGHT
  • BUILDING BLOCKS
  • BRAND SYNC
  • VIDEOS
  • HAPPENINGS
  • E-MAGAZINE
  • EVENTS
    • EVENT CALENDAR
    • UPCOMING EVENT
    • PAST EVENT
search
  1. Home
  2. Press Room

Kansai Nerolac Paints' Net Profit Up 36.5% in Q1 Fy23

Kansai Nerolac Paints' Net Profit Up 36.5% in Q1 Fy23

BY Realty+
Published - Tuesday, 02 Aug, 2022
Kansai Nerolac Paints' Net Profit Up 36.5% in Q1 Fy23

Kansai Nerolac Paints Ltd on Monday reported a 36.51 per cent increase in its consolidated net profit to Rs 152.05 crore for the first quarter ended June 30, 2022. The company had posted a net profit of Rs 111.38 crore in the April-June period a year ago, Kansai Nerolac said in a BSE filing.

Its revenue from operations rose 46.23 per cent to Rs 2,051.37 crore from Rs 1,402.76 crore in the year-ago quarter. Total expenses were at Rs 1,847.95 crore, 46.59 per cent higher than Rs 1,260.62 crore in Q1 FY22.

Kansai Nerolac Paints Managing Director Anuj Jain said, "This quarter saw a healthy demand for both Decorative and Industrial Paints. There has been a revival in demand in Industrial led by increased demand in Automotive due to the gradual easing of the chip shortages. While the inflationary trend continued, towards the end of the quarter, there was some softening of input prices for crude-based items which is yet to be reflected in derivatives. Rupee depreciated sharply during the quarter. Company has taken price increases in Decorative and Industrial during the quarter and is in continued discussion with OEM customers for the further price increase," he said.

  • TAGS :
  • Kansai Nerolac Paints
  • Net Profit
  • Managing Director
  • Anuj Jain
  • Decorative
  • Industrial Paints

RELATED STORY VIEW MORE

Flag-Hoisting at Royal Green Heights Marks Beginning Of Ambitious Affordable Project
Saya Homes Celebrated I-Day with Bollywood Star Shakti Kapoor
On Independence Day Lodha Brings Back its Campaign ‘Apna Ghar, Apna Desh’

TOP STORY VIEW MORE

DIGITAL MARKETING SHAPING THE FUTURE OF REAL ESTATE

The first realty+ indian digital excellence awards and conclave with the theme “scaling new heights” was marked by the presence of the gurus of digital marketing.

16 August, 2022

GUJARAT REALTY SECTOR: CHARTING A SUCCESS STORY

16 August, 2022

SOCIAL MEDIA BRANDING : THINKING BEYOND THE WAVE FOR A VIRAL SUCCESS

16 August, 2022

NEWS LETTER

Subscribe for our news letter


E - PAPER


  • CURRENT MONTHS

  • LAST MONTHS

Subscribe To Realty+ online



REALTY+ SPECIAL ISSUES


  • 40 Under 40 July 2021

  • Brave and Beyond 2022

  • The Tech Titans

  • Realty+ Super CXO Coffee Table Book

VIDEO GALLERY VIEW MORE

Realty+ Indian Digital Excellence Awards 2022
Get connected with us on social networks!
ABOUT REALTY+

Started in 2004, Realty+, an exchange4media group publication is one of the most respected real estate magazines in India with offices in Delhi, Mumbai and Bengaluru.

Useful links

HOME

NEWS ROOM

COVER STORY

INTERVIEWS

DRAWING BOARD

PROJECT WATCH

SPOTLIGHT

BUILDING BLOCKS

BRAND SYNC

VIDEOS

HAPPENINGS

E-MAGAZINE

EVENTS

OTHER LINKS

SITE MAP

GDPR-COMPLIANCE

COOKIE-POLICY

PRIVACY-POLICY

TERMS AND CONDITIONS

Contact

ADSERT WEB SOLUTIONS PVT. LTD. B-20, SECTOR 57 NOIDA (U.P)

tripti@exchange4media.com
realtyplus@exchange4media.com

+91 98200 10226


Copyright © Realty Plus Magazine.