T he combined consolidated net profit of paint companies declined more than 30% for the second straight quarter in Q2FY25.
EBITDA increased 22.4% to ₹212 crore over ₹177.2 crore in Q2 of FY24. Shares of Kansai Nerolac Paints Ltd ended at ₹285.75, ...
The earnings per share (EPS) for Q2 stood at ₹ 1.52, marking a decrease of 30.59% compared to the same quarter last year.
In the second quarter of the fiscal year, Kansai Nerolac experienced a moderation in demand compared to the first quarter.
Kansai Nerolac Paints fell 1.84% to Rs 280.50 after the company reported 27.64% decline in standalone net profit to Rs 130.16 crore as against Rs 179.89 crore posted in Q2 FY24.
Kansai Nerolac Paints' net consolidated total income stood at Rs 1,978.07 crore in Q2 FY25 as against Rs 1,978.56 crore it ...
The reason behind the latest downfall could be attributed to challenging demand that pushed Asian Paints quarterly earnings ...
Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their ...
Net revenue for the half year remained consistent at ₹3,914 Crore. EBITDA was ₹549 Crore, down 9% from the same time the prior year.
Saxena has been a strong advocate for timely promotions, better pension schemes, and improved service conditions for the ...
Historically dominated by a few large players, the market is now facing new entrants and evolving strategies from established ...
The brokerage believes the company is likely to be relatively protected from steep competitive pressures in decorative paints as the company generates ~45% of its revenues from industrial coatings.