'Net sales
(including other operating income) of Kansai Nerolac Paints remained flat at Rs 1954.18 crore.
Operating
profit margin has improved from 10.9% to 11%, leading to 2% increase in
operating profit to Rs 215.26 crore.
Other
income rose 6% to Rs 28.43 crore. PBIDT rose
2% to Rs 243.69 crore. Provision for
interest rose 6% to Rs 7.71 crore.
PBDT rose 2%
to Rs 235.98 crore.
Provision for
depreciation rose 12% to Rs 54.31 crore.
Profit
before tax down 1% to Rs 181.67 crore.
Share of profit/loss were nil in both the periods. Provision for tax was expense of Rs 48.36
crore, compared to Rs 63.01 crore, down 23%.
Minority
interest decreased 47% ...
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