Kansai Nerolac Paints Ltd consolidated Q1 FY2022-23 PAT soars to Rs. 156.32 crores

Kansai Nerolac Paints Limited has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 2056.20 crores during the period ended June 30, 2022 as compared to Rs. 1535.63 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 156.32 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 24.73 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 2.90 for the period ended June 30, 2022 as compared to Rs. 0.46 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹2056.20 crs	₹1535.63 crs	33.90%
Net Profit	₹156.32 crs	₹24.73 crs	532.11%
EPS	₹2.90	₹0.46	530.43%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs.2056.20 crores during the period ended June 30, 2022 as compared to Rs.1412.70 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.156.32 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.114.09 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.2.90 for the period ended June 30, 2022 as compared to Rs.2.12 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹2056.20 crs	₹1412.70 crs	45.55%
Net Profit	₹156.32 crs	₹114.09 crs	37.01%
EPS	₹2.90	₹2.12	36.79%

Shares of Kansai Nerolac Paints Limited was last trading in BSE at Rs. 436.60 as compared to the previous close of Rs. 400.65. The total number of shares traded during the day was 46100 in over 3260 trades.

The stock hit an intraday high of Rs. 452.00 and intraday low of 402.70. The net turnover during the day was Rs. 19603138.00.

Source : Equity Bulls

Keywords

KansaiNerolacPaints Q1FY23 ResultUpdate