Having started its operations in 1920 as Gahagan Paints & Varnish in Mumbai, Kansai Nerolac Paints is principally engaged in the manufacturing of Paints and is a market leader in Industrial coatings.
Financial Results:
- Kansai Nerolac Paints Ltd reported Revenues for Q2FY24 of ₹1,957.00 Crores up from ₹1,931.00 Crore year on year, a rise of 1.35%.
- Total Expenses for Q2FY24 of ₹1,738.00 Crores down from ₹1,783.00 Crores year on year, a fall of 2.52%.
- Consolidated Net Profit of ₹175.00 Crores up 57.66% from ₹111.00 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹2.19, up 56.43% from ₹1.40 in the same quarter of the previous year.