Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Stock Report

| More

Kansai Nerolac Paints Ltd posts net profit of Rs. 152 crores in Q3 FY2024

Posted On: 2024-02-08 11:05:14 (Time Zone: IST)

Kansai Nerolac Paints Ltd., a major player in the Chemicals / Paints sector, recently released its financial results for the quarter ending December 31, 2023. The company's performance during this period displayed fluctuations in various key financial metrics.

Sales Performance:

Kansai Nerolac Paints reported sales of ?1,919 crore for Q3 FY24, with a slight decrease of approximately 1.94% compared to the previous quarter. However, when compared to the same period last year (Q3 FY23), the company witnessed a marginal increase of approximately 5.05% in sales.

EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization):

The company's EBITDA stood at ?244 crore in Q3 FY24, marking a minor decrease of approximately 10.98% compared to the previous quarter. However, in comparison to Q3 FY23, Kansai Nerolac Paints exhibited an increase in EBITDA by approximately 26.19%.

PAT (Profit After Tax):

Kansai Nerolac Paints' PAT for Q3 FY24 was reported at ?152 crore, showing a slight decrease of approximately 13.71% compared to the previous quarter. However, in comparison to Q3 FY23, the company experienced a notable increase in PAT by approximately 39.17%.

Kansai Nerolac Paints Ltd. encountered fluctuations in its financial performance, with minor variations observed in sales, EBITDA, and PAT. Despite challenges in the Paints / Chemicals sector, the company maintained resilience and showcased growth potential.

Shares of Kansai Nerolac Paints Limited was last trading in BSE at Rs. 333.80 as compared to the previous close of Rs. 343.90. The total number of shares traded during the day was 15288 in over 609 trades.

The stock hit an intraday high of Rs. 347.85 and intraday low of 333.00. The net turnover during the day was Rs. 5149115.00.

Click here to send ur comments or to

Other Headlines:

The South Indian Bank Ltd approves 1:4 rights issue at Rs. 22 per share

Club Mahindra partners with The Marmara ?i?li Resort in Turkey to provide its members with holiday options in Istanbul

PVP Ventures Ltd announces a Joint Development with Brigade Enterprises Ltd

Mangal Credit and Fincorp Ltd approves preferential issue

Vikas Lifecare Ltd's Subsidiary PME Entertainment Presents Two Spectacular Events in Dubai

Genpharmasec Limited allots 27,68,59,850 Rights Equity Shares

Dow Jones and Infosys Introduce Upgraded Preference Center for Wall Street Journal Subscribers

Union Bank of India sanctions OTS of Kridhan Infra Ltd

Ceinsys Tech Ltd receives order

Ashiana Housing Ltd launches Phase 1 of Ashiana Nitara

Apollo Micro Systems Ltd receives term loan sanction from SBI

Brigade Group to expand its Residential and Hospitality Portfolios in Chennai

LTIMindtree and Eurolife FFH Sign MoU to Setup Gen Al and Digital Hubs in Europe and India

63 moons unveils disruptive technology in Cybersecurity

Airtel strengthens its retail footprint in Vijaywada

TVS Eurogrip exhibits prominent agri related products at Krishi Darshan Expo in Haryana

Infosys Foundation and the Centre for Cellular and Molecular Platforms to Strengthen Maternity Care in Karnataka

Mafatlal Industries Limited's Annual Report wins Platinum Award

Ambuja Cements Proposes Setting up a 4 MTPA Cement Grinding Unit in Godda, Jharkhand

Airtel adds 39 new stores in Chennai, doubles its retail store presence

PennWhite Limited, UK forms subsidiary in India

UltraTech Cement Limited commissions 1.8 MTPA brownfield cement capacity at Kotputli, Rajasthan

HFCL to Expand Presence in Europe with setting up of Optical Fiber Cable Plant in Poland

Vipul Organics participates in PAINTINDIA, the largest paint exhibition of the country

Ericsson and Airtel successfully demonstrate 5G FWA functionality on mmWave

Co-op Expands Partnership with TCS with a Cloud-First Strategy to Support its Business Growth and Sustainability Roadmap

Popeyes India brings a dash of Louisiana to the heart of Delhi with its first store in Chandni Chowk

Patel Engineering Ltd JV declared L1 for irrigation project worth Rs. 525.36 crores

Cosmo First wins two prestigious awards

Airtel adds 4 new stores, doubles its retail store presence in Bhubaneshwar

Zen Technologies Ltd receives order worth Rs. 93 crores

Lumos selects STL as a partner to build transformative 100% fiber optic internet infrastructure in the US

BluSmart inks multi-year PPA with Tata Power arm

Zaggle Prepaid Ocean Services Ltd enters into agreement with Arcadis Consulting

CarLelo unveils new brand identity at Women Premier League 2024

Airtel doubles its retail store presence in Amritsar, adds 3 new stores

G R Infraprojects Ltd to sell 7 subsidiaries to Bharat Highways InvIT

Bright Outdoor Media Ltd gets BSE nod for preferential issue

Valiant and CXR cooperation for Cyber Security solutions in France and neighboring European countries

Kilburn Engineering Ltd expands portfolio with acquisition of M.E Energy

Seedlings India Pvt Ltd gets patent

Garment Mantra Lifestyle Ltd to set up new wholesale hub in Surat

Satin Creditcare forays into Telangana and Andhra Pradesh

Revolt Motors accelerates presence with 15 New Dealerships Across India

Wipro and Intel Foundry announce new collaboration to Advance Chip Design and Development

Godrej Industries Limited - Chemicals features in The CDP Climate Change Leadership Index

ESAF Small Finance Bank gets ISO certification for operations

ABB India reports net profit of Rs. 338.66 crores in Q4 CY2023

IMplus Capitals Ltd consolidated Q3 FY24 net profit at Rs. 41.86 crores

GR Tarakote Sanjichhat Ropeway Pvt Ltd signs concession agreement with Shri Mata Vaishno Devi Shrine Board

Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020