Tuesday, 22 July 2014

Kansai Nerolac Q1 net up 19.77% at Rs 72.98 cr

Net sales during Q1, 2014-15 were at Rs 921.07 crore, an increase of 16.61 percent as compared to Rs 789.81 crore in the year-ago period.

Kansai Nerolac Paints   today reported 19.77 percent increase in standalone net profit at Rs 72.98 crore for the first quarter ended June 30. The company had reported net profit of Rs 60.93 crore in the April-June quarter of 2013-14 fiscal. Net sales during Q1, 2014-15 were at Rs 921.07 crore, an increase of 16.61 percent as compared to Rs 789.81 crore in the year-ago period, the company said in a BSE filing. Overall expenses during Q1 stood at Rs 823.17 crore, up 16.63 percent as against Rs 705.75 crore in the same quarter last year.

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