Kansai Nerolac : Q2FY18 Result
Nidhi Jani / 16 Oct 2017
The company reported PAT of Rs 144.6 crore, which represents a sequential QoQ increase of 2.7 per cent and a YoY increase of 3.8 per cent.
Kansai Nerolac reported its results for the quarter ended September 30, 2017 on Monday.
The company's total sales for Q2FY18 came in at Rs 1164.4 crore., which represents a 12 per cent sequential decline and 2.7 per cent YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs. 202.6 crore and its EBIT margin stood at 17.4 per cent.
The company reported PAT of Rs 144.6 crore, which represents a sequential QoQ increase of 2.7 per cent and a YoY increase of 3.8 per cent.
Kansai Nerolac Paints Limited (KNPL) is a paint company engaged in the manufacture of decorative products, automotive coatings and performance coatings.
The company's stock today opened at Rs. 491 and touched an intra-day high and low of Rs 496.65 and Rs 481.85, respectively, on the BSE.
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