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Kansai Nerolac Paints reports 4% rise in Q1 consolidated net profit

Kansai Nerolac Paints has reported results for first quarter ended June 30, 2019.

The company has reported a rise of 5.76% in its net profit at Rs 147.90 crore for the quarter under review as compared to Rs 139.84 crore for the same quarter in the previous year. Total income of the company increased by 5.79% at Rs 1,469.98 crore for Q1FY20 as compared Rs 1,389.52 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 4.41% in its net profit at Rs 144.69 crore for the quarter under review as compared to Rs 138.58 crore for the same quarter in the previous year. Total income of the company increased by 8.81% at Rs 1,549.18 crore for Q1FY20 as compared Rs 1,423.73 crore for the corresponding quarter previous year.

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