Kansai Nerolac Q4 net down 63% at Rs 45 cr

Kansai Nerolac Paints today reported 63.4 per cent decline in standalone net profit at Rs 44.9 crore for the fourth quarter ended March 31, 2013-14.

The company had reported net profit of Rs 122.7 crore in the January-March quarter of 2012-13 fiscal mainly on account of exceptional income of Rs 114 crore.

Net sales during Q4, 2013-14 were at Rs 743.7 crore, an increase of 10.06 per cent as compared to Rs 675.7 crore in the year-ago period, the company said in a BSE filing.

Overall expenses during Q4 stood at Rs 681.8 crore, up 9.71 per cent as against Rs 621.4 crore in the same quarter last year.

Kansai Nerolac scrip closed at Rs 1,274, up 7.76 per cent, on the BSE.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Banks must learn from past mistakes to promote financial inclusion

    Prime minister Narendra Modi launched a massive financial inclusion programme yesterday titled “pradhan mantri jan dhan yojana’ (PMJDY), that will

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Urs Schöttli

West Asia turmoil worries east Asia

From Beijing to Jakarta, from Manila to Tokyo, east Asian ...

Parvez Imam

Sowing the seeds of love for hatred

No wonder we have a whole lot of talking going ...

Dharmendra Khandal

Time to protect our endangered wildlife species

After 65 million years of existence, the earth’s biodiversity is ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture