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Kansai Nerolac Paints Ltd Q4FY24; 19% rise in Profits

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 Q4FY24 of ₹1,769.00 Crores up from ₹1,734.00 Crore year on year, a rise of 2.02%.

Total Expenses for Q4FY24 of ₹1,645.00 Crores up from ₹1,618.00 Crores year on year, a rise of 1.67%.

Consolidated Net Profit of ₹114.00 Crores up 18.75% from ₹96.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.44, up 24.14% from ₹1.16 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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