Kansai Nerolac Paints Q1 net up 17.93 percent to Rs 61.23 crore

Kansai Nerolac Paints said its net profit rose by 17.93 per cent to Rs 61.23 crore for quarter ended June 30, 2011 over the same period last fiscal.

NEW DELHI: Kansai Nerolac Paints on Friday said its net profit rose by 17.93 per cent to Rs 61.23 crore for the quarter ended June 30, 2011 over the same period last fiscal.

The company had posted a net profit of Rs 51.92 crore for the quarter ended June 30, 2010 Kansai Nerolac Paints said in a filing to the Bombay Stock Exchange ( BSE).

Net sales of the company rose to Rs 651.66 crore for the quarter ended June 30, 2011 as against Rs 525.08 crore for the corresponding period previous fiscal.

Shares of the Kansai Nerolac Paints today closed at Rs 890.05 on BSE, down 2.08 per cent from its previous close.
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Business News › Markets › Stocks › Earnings › Kansai Nerolac Paints Q1 net up 17.93 percent to Rs 61.23 crore
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