Kansai Nerolac Paints announced a good increase in standalone net profit for the quarter ended December 2015. During the quarter, the profit of the company rose 28.57% to Rs 844.20 million from Rs 656.60 million in the same quarter last year.
Revenues for the quarter rose 8.74% to Rs 9,680.60 million, compared with Rs 8,903 million for the prior year period.
Operating margin for the quarter stood at 12.35 percent as compared to 10.24 percent for the previous year period. Operating Income for the quarter was Rs 1,195.70 million, compared with Rs 911.4 million in the previous year period.
Earnings per share for the quarter stood at Rs 1.57, registering 28.69% growth over previous year period.
Quarterly Results - Standalone (Rs in mn) |
As at | Dec - 15 | Dec - 14 | %Change |
Revenues | 9,680.60 | 8,902.70 | 8.74 |
Net Profit | 844.20 | 656.60 | 28.57 |
Diluted EPS | 1.57 | 1.22 | 28.69 |
Shares of the company gained Rs 3.8, or 1.44%, to settle at Rs 267.75. The total volume of shares traded was 46,690 at the BSE (Monday).