BackKansai Nerolac Q1 net profit up 19.77% at Rs72.98 crore
The firm's net sales during the April-June quarter stood at Rs921 crore, up 16.61% from the year-ago period
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New Delhi: Kansai Nerolac Paints Ltd on Tuesday reported a 19.77% increase in standalone net profit at ₹ 72.98 crore for the quarter ended 30 June.
The company had reported net profit of ₹ 60.93 crore in the April-June quarter of 2013-14.
Net sales during the first quarter of 2014-15 stood at ₹ 921.07 crore, an increase of 16.61% as compared to ₹ 789.81 crore in the year-ago period, the company said in a BSE filing.
Overall expenses during the quarter stood at ₹ 823.17 crore, up 16.63% from ₹ 705.75 crore in the same period last year. Kansai Nerolac scrips were trading at ₹ 1666 apiece, up 5.78% from its previous close on the BSE.
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