Kansai Nerolac Paints' net profit rises 39.6% to Rs 152 crore in Q3 FY24
Tue, Feb 6, 2024 12:15 AM

Kansai Nerolac Paints' net profit rises 39.6% to Rs 152 crore in Q3 FY24

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Kansai Nerolac Paints Ltd reported a 39.57% increase in consolidated net profit of Rs 152.09 crore for the December quarter, with improved margins. Their revenue rose 5% to Rs 1,918.71 crore and total expenses were up 2.72%. The company saw good demand and double-digit volume growth for industrial and decorative coatings. Managing Director Anuj Jain expects rural demand to pick up.

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