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Kansai Nerolac Paints reports 16% fall in Q2 net profit

Kansai Nerolac Paints reports 16% fall in Q2 net profit

Kansai Nerolac Paints has reported results for second quarter ended September 30, 2018.

The company has reported a fall of 15.65% in its net profit at Rs 121.99 crore for the quarter under review as compared to Rs 144.63 crore for the same quarter in the previous year. However, total income from operations of the company increased by 10.97% at Rs 1,307.87 crore for Q2FY19 as compared Rs 1,178.54 crore for the corresponding quarter previous year.

Kansai Nerolac Paints is amongst the leading paint companies in India. The company offers a range of products, including decorative, Automotive Coatings and Performance coatings.

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