Kansai Nerolac Paints reports improved performance in its first quarter, with revenue and profit rising year-on-year. NDTV says revenue increases 9.8% to ₹2,374 crore, up from ₹2,165 crore in the preceding financial year. The Free Press Journal similarly reports unaudited consolidated Q1 FY27 results for the quarter ended 30 June 2026, stating consolidated revenue from operations of ₹2,373.59 crore, a 9.8% increase from ₹2,162.03 crore in the year-ago period. Profit also grows: NDTV cites a 5% rise in profit, while the Free Press Journal reports consolidated net profit of ₹228.41 crore, up 6% from ₹215.59 crore in the same quarter of the previous fiscal year. The Free Press Journal adds that total consolidated expenses rise to ₹2,116.07 crore from ₹1,919.18 crore, alongside higher costs for materials consumed. Management commentary attributes demand strength to healthy decorative and industrial demand, improved monsoon timing, and better-than-market performance in automotive, while also noting disruptions from West Asia geopolitical conditions and higher raw material costs due to rupee depreciation.
Kansai Nerolac Q1 profit rises 5–6% as revenue grows to over ₹2,300 crore
Kansai Nerolac Paints reports improved performance in its first quarter, with revenue and profit rising year-on-year. NDTV says revenue increases 9.8% to ₹2,374 crore, up from ₹2,165 crore in the prec...
- Kansai Nerolac’s Q1 revenue rises about 9.8% to roughly ₹2,374 crore.
- Consolidated net profit increases about 5–6%, reaching about ₹228 crore.
- Results are for the quarter ended 30 June 2026 and are described as unaudited consolidated figures.
- Company reports higher expenses year-on-year, including increased material costs.
- Management cites healthy demand across segments and supply/raw material pressure linked to geopolitical conditions.
Mumbai: Kansai Nerolac Paints Limited on Monday announced its unaudited consolidated financial results for the quarter ended 30 June 2026, reporting a consolidated net profit of ₹228.41 crore. This marks a 6% increase compared to ₹215.59 crore in the same quarter of the previous fiscal year.Financial PerformanceThe company's consolidated revenue from operations for Q1 FY27 stood at ₹2,373.59 crore, a 9.8% rise from ₹2,162.03 crore reported in the year-ago quarter. Total comprehensive income for the period increased by 6% to ₹228.48 crore, up from ₹215.60 crore in Q1 FY26.Expense DetailsConsolidated total expenses for the quarter were ₹2,116.07 crore, compared to ₹1,919.18 crore in the corresponding quarter last year. Cost of materials consumed increased to ₹1,516.48 crore from ₹1,176 crore.Maharashtra: PIL Against Kansai Nerolac For Allegedly Breaching Lease Terms By Selling Land Earnings Per ShareBasic earnings per share (EPS) after exceptional items for the quarter was ₹2.86, compared to ₹2.73 in the year-ago quarter. Diluted EPS also increased to ₹2.86 from ₹2.73 in the same period last year.Management CommentaryPravin Chaudhari, Managing Director of Kansai Nerolac Paints, noted that demand in both decorative and industrial segments was healthy despite the prevailing geo-political situation. He said demand was further helped by the late arrival of the monsoon.Operational OutlookChaudhari stated that demand for the company’s products was good in the decorative segment and better than the market in automotive, supported by various initiatives. Performance coatings also registered strong growth.Market ConditionsThe company reported that the West Asia geo-political situation caused supply chain disruptions and a significant increase in raw material prices. The rupee depreciated sharply against the dollar during this period.Disclaimer: This report is based on the company's filed financial results (standalone or consolidated, as applicable) and is intended solely for informational purposes. It does not constitute investment advice or a recommendation to buy, sell or hold any security.
3 hours agoKansai Nerolac's revenue saw a 9.8% increase to Rs 2,374 crore, compared to Rs 2,165 crore in the preceding financial year.
3 hours ago
Markets gain and oil falls on US-Iran framework deal hopes and Strait of Hormuz reopening
Global markets swing upward while oil prices soften as negotiations between the US and Iran progress, with several outle...
Indonesia ferry fire off Madura Island leaves five dead and 41 missing
A ferry catches fire off Indonesia’s Madura Island, prompting a major search and rescue operation, officials report. Mul...
RBI sells about $7 billion to support rupee as it nears record low
India’s central bank intervenes in the foreign exchange market to support the rupee as it weakens toward record lows ami...