Kansai Nerolac Paints reported 78.8% jump in standalone net profit to Rs 127.80 crore on 34.7% increase in net sales to Rs 1321.09 crore in Q4 FY21 over Q4 FY20.
Profit before tax in Q4 FY21 stood at Rs 171.25 crore, up 73.9% from Rs 98.45 crore in Q4 FY20. EBIDTA in Q4 FY21 stood at Rs 203 crore, a growth of 59.1% over Q4 FY20.
The company reported 0.7% rise in standalone net profit to Rs 539.03 crore on 5.3% fall in net sales to Rs 4655.69 crore in the year ended 31 March 2021 over the year ended 31 March 2021.
For the financial year EBITDA was at Rs 833 crore, a growth of 6.6% over FY 2019-20.
Kansai Nerolac Paints Ltd posts Q4FY21 consolidated PAT of Rs 124 28 crores equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Kansai Nerolac Paints Ltd on Friday reported an increase of 89.14 per cent in its consolidated net profit to Rs 123.62 crore for the fourth quarter ended March 2021. The company had posted a net profit of Rs 65.36 crore in the January-March quarter a year ago, Kansai Nerolac said in a BSE filing. Its total revenue from operations was up 35.14 per cent at Rs 1,459.57 crore during the quarter under review compared to Rs 1,080.07 crore in the corresponding quarter of the previous year.
Kansai Nerolac Paints Vice Chairman and Managing Director H M Bharuka said: The quarter saw continued strong demand for both Decorative and Industrial Paints. Both Decorative and Industrial witnessed high double-digit volume growth in the quarter.
Kansai Nerolac Paints Q4 results: Net profit rises 89% to Rs 124 crore
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Last Updated: May 07, 2021, 07:09 PM IST
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Synopsis
Its total revenue from operations was up 35.14 per cent at Rs 1,459.57 crore during the quarter under review compared to Rs 1,080.07 crore in the corresponding quarter of the previous year.
The company had posted a net profit of Rs 65.36 crore in the January-March quarter a year ago, Kansai Nerolac said in a BSE filing.
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NEW DELHI:
Kansai Nerolac Paints Ltd on Friday reported an increase of 89.14 per cent in its consolidated net profit to Rs 123.62 crore for the fourth quarter ended March 2021.