Kansai Nerolac Paints Q4 results were released today. The company deals in quality wall paints. We will share details about the company’s quarter results below. The company has a net profit of Rs. 1.16 billion for the quarter. It has shown an increase of 24%. There has been a curiosity among the public to know more about the results. As the real estate is growing, more houses are being constructed. It will lead to more houses and more need for the paints to make it beautiful.
Kansai Nerolac Paints Q4 Results
Kansai Nerolac Paints Q4 results are out now. The company has made a net profit of Rs. 1.16 Billion or $13.9 million. Thus, the company rose by 24%. Kansai is doing great in terms of revenue. It is said to be the third largest in the paint industry. Revenue also has an increase of 2%. Thus, the company made Rs. 17.69 billion rupees in total. Paints often play a crucial role in real estate. Every house buyer thinks of the best paint for their house. It is the only thing that will give the final touch to the house’s beauty.
Kansai Nerolac Paints Q4 was quite well. It went through several challenges in its years of long journey. However, the company is moving toward further expansion. Its success touches all the heights. Thus, the best thing is that Kansai Nerolac Paints is entering into the higher markets. They are already the first largest industrial paint and the third largest decorative paint.
Kansai Nerolac has been going on since 1920. The company has success in the sector of paints which is a huge achievement. Paints add beauty to a house. We often see that housing is a life-long decision for an individual. The company has an operating income of thousands of crores. It has a total assets worth Rs. 7,410 Crores. Approx 3,000 employees are working in the company. The revenue it made this year has been appreciable.
The pre-festive season has the best results for the company. As the Diwali season in North, West, and Mid India plays a special role, the sales increase manifolds. The company will have more profits in the coming years as projected. The company has around Rs. 275.05 per share. It has a downfall in its share by 1.27% or -3.55. The company might have other expansion plans. We hope you get enough details about Kansai Nerolac Paints above. Stay tuned for more information on our website.