• Kansai Nerolac reported 12% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended December (Q3FY22). On a year-on-year (YoY) basis, it witnessed a growth of 13%.
  • Its expenses for the quarter were up 9% QoQ and 24% YoY.
  • While the company reported a 44% QoQ net profit growth, the same fell by 39% on a YoY basis.
  • The earnings per share (EPS) of Kansai Nerolac stood at 2.4 during Q3FY22.

Kansai Nerolac Financial Statements for Q3FY22:

(Rs, crores) Q3FY21 Q2FY22 Q3FY22 QoQ (%) YoY (%)
Total Income 1,607 1,626 1,820 12% 13%
Total Expenses 1,333 1,506 1,648 9% 24%
Profit before tax 274 120 172 43% -37%
Tax 69 33 47 41% -33%
Profit after tax 205 87 125 44% -39%
Earnings per share 3.8 1.7 2.4    

Data Source: BSE, Company announcements

Want to get more analysis on Indian listed companies? Open an account and get daily stock research updates from Kotak Securities.

The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results