Kansai Nerolac Paints disclosed a substantial rise in standalone net profit for the quarter ended September 2015. During the quarter, the profit of the company rose 33.33% to Rs 968.80 million from Rs 726.60 million in the same quarter previous year.
Revenues for the quarter rose 5.21% to Rs 9,713.30 million, compared with Rs 9,232 million for the prior year period.
Operating margin for the quarter stood at 15.84 percent as compared to 13.04 percent for the previous year period. Operating Income for the quarter was Rs 1,538.80 million, compared with Rs 1204 million in the previous year period.
Earnings per share for the quarter stood at Rs 1.80, registering 33.33% growth over previous year period.
Quarterly Results - Standalone (Rs in mn) |
As at | Sep - 15 | Sep - 14 | %Change |
Revenues | 9,713.30 | 9,232.10 | 5.21 |
Net Profit | 968.80 | 726.60 | 33.33 |
Diluted EPS | 1.80 | 1.35 | 33.33 |
Shares of the company gained Rs 3.4, or 1.33%, to trade at Rs 259.35. The total volume of shares traded was 113,538 at the BSE (2.05 p.m., Friday).